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Tagged: GAIL- flag pattern- bullish
Forming a triangular pattern with the increase of volume at its break out
Trade plan: Symbol: GAIL, Direction: bullish , entry:388, stop loss: 360 , target: 417
Good work. However my suggestion is to have keep the ENTRY around 400 pts which is half the way past from the triangle to the adjacent parallel line. Because in some cases, prices shown reversal before half the mark.
Good effort but here the steep pole is not that prominent I feel, also the pole needs to be formed within a duration of 2 to 3 days.The triangular pattern needs to form within the duration of 1 week.
Please correct me if I am wrong
thanks for ur comments sir . I’ll correct it
I dont know about what steep pole u r talking about mam. Could you be more clear
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