EQSIS PRO

Bullish Flag Pattern

bullish Flag pattern

stock name: Idea Cellular limited

The conditions are,

1. A steeper Pole – identified – refer the attached chart

2. Rectangular shaped side movement – identified – refer the chart

3. takes less time to form – satisfied –  it took about 10 days to form the flag

4. Positive pole flag should give positive break out

5. Volume is expected to increase while breakout – satisfied – refer the attached chart

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