Checked for below conditions to confirm bullish flag pattern:

  1. Steeper pole
  2. Side ways movement with flag(around 8 days)

  3. Considerable less volume during sideways movement

  4. Volume increased during breakout

Trade Plan:

Support: 592

Entry point  : go long above 674

Stop loss    : 592

Target       : 756

1 Comment
  1. Suresh Surulimuthu 11 months ago

    Good analysis. Thanks for posting.

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