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NTPC formed DOWN POLE FLAG pattern with good volume in the pole formation and low volume in flag part and good volume at the breakout point
The scrip drift down in the direction of the pole
NOTE THE SCRIP BROKE/DRIFTED DOWN with a GAP
TRADE PLAN NTPC Short ENTRY 143
STOP LOSS 144 (RISK 1 )
TARGET 135 (REWARD 8 )The Stoploss Mentioned is wrong,
Downward flag stop loss is above the sideways (FLAG CLOTH) Highest level. But in your case you marked the lower levels.
Kindly Review it
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