The flag pattern is witnessed at Adani ports during 26 oct 2018.Bullish flag formations are found in stocks with strong up trends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation.
Here the stop loss i marked is at the bottom end of the rectangular flag and entry point is selected when it breaks out from the flag.
Entry – 347.6
target- 373.2
Stop loss- 328.7