A positive breakout is noticed in Bajajfinance post forming a flag pattern between(09 Oct’19 – 19 Oct’19) and the highvolume is noticed during breakout.
Entry point : 3424
stop loss : 3250
target : 3800
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A positive breakout is noticed in Bajajfinance post forming a flag pattern between(09 Oct’19 – 19 Oct’19) and the highvolume is noticed during breakout.
Entry point : 3424
stop loss : 3250
target : 3800
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
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Hi,
The first leg of the bullish flag pattern is characterized by a sharp rally in price in the direction of the current trend. In the above chart, there is no witnessed for a sharp rally. Use candlestick chart for a better view
Hi Naresh,
Thanks for the above details.
Can we consider the below snip.