Nestle india – Flag – EQSIS PRO

Manoj, October 25, 2019, FLAG Pattern

Flag formed with steep positive pole and rectangular flag for a duration of 7 days with more than avg volume for the period

entry 9664

SL 9448

Target 9880

4 Comments

Suresh Surulimuthu 5 years ago

Hello Manoj Sir,
It’s better to use candlestick chart to analyse flag pattern.

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- Author
  
  Manoj 5 years ago
  
  Okay, is the pattern alright considering volume?
  
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Pravin 5 years ago

@vnojam – Good catch. How did you decide on the target? I am not able to get that

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- Naresh 5 years ago
  
  Hi,
  Trade Plan for flag pattern
  Your entry should be just above the breakouts of the consolidation range
  Set a stop loss just below the flag formation
  Your target should be based on the height of the flag
  
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