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  • #9737
    Naveen
    Participant
    Rank: Level 6

    According to the chart a good flag pattern is formed.

    CONDITIONS:

    1. It as a steeper pole .

    2. The rectangular pole is formed in 7 days with low volume.

    3.volume is high at the breakout.

    COMPANY: SBIN

    ENTRY – 282          POSITION – LONG

    TGT – 300 TO 304 because on flag pattern we can keep the target upto 1.5-2 times of risk taken

    SL – 270

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