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A rectangular shape side way coming with steeper pole.If a break out with higher volume happens it will reach the target.if am wrong kindly do let me know my mistake.
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Stock Ticker – NSE: COALINDIA – Coal India Ltd. – METALS
Bullish Trade plan:
Entry Level 203 Target 214 Stoploss 192.5
Analyst Rating – :4/5
View Posted on 2019-09-15
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Good observation. Thanks.
Thank you
Hi,
The flag formation usually takes place when the stock posts a sustained rally with almost a steep increase in stock prices at least 2-3 days so, don’t consider single day steeper pole.
oh then okay i understand . thanks