BAJAJ – BULLISH – FLAG – ABOVE 2495, SL 2390 TARGET 2600

[Divya S]

forms a steeper pole and a rectange based sideways taking less time to form

the positive pole flag is giving a positive breakout

volume has increased while giving breakout

TRADE PLAN : stock name : bajaj , trade : long position , entry 2495, sl 2390, target 2600.

[V.VEDANAYAGAM]

DEAR SIR /MADAM
Identification of PATTERN is PERFECT
Marking entry and stop loss alone require correction
IN flag the the down line of the flag is the stop loss level in the case of BULLISH breakout
We can enter the trade at the break out point itself
Kindly refer your selected chart attached with this reply

[Divya S]

dear sir ,

entry can be made only after the breakout takes place, breakout is taking place on 25th june, so i will buy the next day the opening price is 2494,and

stop loss is the flag’s lowest 2362 and target is 2626.

[Author]

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