Flag Pattern – Federal Bank – EQSIS PRO

This topic has 2 replies, 3 voices, and was last updated 8 years, 1 month ago by Srinivasan K.S.

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
March 31, 2016 at 9:37 AM #22180

Muthu Kumaran
Participant

Rank: Level 5

Symbol : Federal Bank

Direction : Long

Entry : 59.3

Stop Loss : 56.8

Target : 61.8

March 31, 2016 at 1:26 PM #22207

EQSIS
Keymaster

Sir, this cannot be considered as a Flag Pattern, here we could see price drift… Flag is powerful if the consolidation zone is sideways

March 31, 2016 at 1:58 PM #22210

Srinivasan K.S
Participant

Rank: Level 5

Sir,the breakout should be towards the pole side. In this case it should be bearish breakout with high volume.
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

©2024 | Rights Reserved | EQSIS | Terms and Conditions | Privacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.