stock break out 1372 with high volume then make long position. Stock move 5-6 % with in 7 days. Positive flag pattern is more powerful. Easy achieve 5% target in 7 days. Risk reward ration is 1.3 : 5.
Flag pattern create in asian paints july 2018
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Stock Analysis
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Bullish View
Bearish View
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Hi sir,
This is an appropriate trade plan for flag pattern:-
Your entry should be just above the breakouts of the consolidation range.
Set a stop loss just below the flag formation.
Your target should be based on the height of the flag.
Use a candlestick chart for a better view.