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Godrej Consumer Products Limited stock was chosen, Flag pattern with steeper pole noticed on 17-May-19 and rectangular price movement noticed between 20-May-19 and 30-May-19. On 31-May-19, Candle crossed the rectangular price movement upwards hence long position was taken at Rs. 691.8 with stop loss of Rs. 653.5. Target set was Rs. 730.1 and timeline was 1 month.
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Hi Prakash,
Single day pole should not be considered for flag pattern.