It forms a flag pattern about 40 days to form the side ways and also during the side ways the volume is consistently low. And had breakout on yesterday with expected volume. Hope it goes upto 490.
, , CADILAHC
, , CADILAHC
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i agree the above chart has the flag character, especially the volume indications are very good. But i feel the flag is reliable it the sideways move last for few days (not more than 7 to 10 days)…
@eqsis
Hi Sangeetha,
As Mr.Murugan said ,the sideways movement has been there for a long time and also it has not yet broken up.
Yeah sir i agree with u.
Thank you for the comment sir,