HINDUNILEVR Flag bullish above 650 SL 630 Target 771

[V.VEDANAYAGAM]

HINDUNILEVER FORMED FLAG pattern FROM MAY14 with good volume at pole and low volume at flag and good volume at the break
TRADE PLAN HINDUNILEVER LONG ENTRY 650
STOP LOSS 630 (RISK 20 )
TARGET 771 (REWARD 121 )
NOTE The scrip moved above 771 level which cannot be snap shotted in this frame

[Balaji]

Dear Sir,

As per the flag pattern conditions:

Normally, the duration taken to form the rectangular shape is 4 to 7 days. But in the chart it is more than a month, which contradicts the condition.

We have to check with Murugan sir and confirm. This is my view. Please correct me, if I am wrong.

[V.VEDANAYAGAM]

DEAR /SIR
I agreed This is a mistake done by me
Thank you for your correction

[Author]

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