2 Comments
  1. EQSIS 7 years ago

    Sir kindly highlight the pattern structure on the chart for the better view. Here am not able to spot the rectangle shape sideways move (flag cloth)..

    Also consider the target based on the risk taken. E.g if i take Rs.15 risk and i need Rs.15 returns, accordingly arrive the stoploss..

  2. Author
    S Suresh 7 years ago

    Hi Friend, Sorry for the delay in reply. I had to attend the funeral function of my father inlaw. In fact that slight sideways movement is called the flag and that you get a pole. In fact this graph as formed with two poles and flag pattern I feel. When flag patterns form I think we can double our earns, so I kept a higher target and expecting it to hit the target, which I believe has been achieved.

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