A clean pole and Flag pattern in M_M. M_M is consolidating inside an descending triangle which can be considered as a flag in higher time frame for a long time . now it has given a breakout from the pattern and we can try for an opportunity in here. entry = 785 target = 950 sl = 750
ENTER BY CONFIRMING THE REVERSAL AFTER RETEST
enter once the weekly candle breaks the high of inverse head and shoulder pattern
ENTER BASED ON YOUR ANALYSIS
It is forming and ascending triangle and probably going to breakout soon
there is a weekly breakout in ONGC. plus we can see a resistance breakout in daily and hourly chart. seems bullish for a target of 135
GO LONG AT CMP. MAINTAIN STRICT SL BASED ON YOUR RISK-REWARD.
ENTER ONLY FOR LONG TRADE EITHER AT SUPPORT OR BREAKOUT
ENTER AT CMP OR ON BREAKOUT AS PER YOUR RISK
ENTER ONLY WHEN HIGH BREAKS