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Viewing 5 posts - 1 through 5 (of 93 total)
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  • #20072
    bhavani
    Participant
    Rank: Level 7

    Castrolind – bear flag entry below – 360, SL- 377, Target- 343

    #18290
    bhavani
    Participant
    Rank: Level 7

    NMDC – Intresting pattern

    # have witnessed double bottom at 76  and gained a strong support with high volume breakout@ 85

    # sketched a typical flag after the double bottom breakout supported by good volume.

    # Flag entry – 93, SL – 88, Target – 98

    # Reaching the target 98 the price would have breaken the previous resistance @ 95 and 97 levels

    # Hence we can hold it for the next Target 2 -105

    #18269
    bhavani
    Participant
    Rank: Level 7

    BHEL – Bearish flag Entry-98.5, SL- 102, Target- 95.

    The gap formed can be considered as a breakout gap because of the new high volume formed.

     

    #18267
    bhavani
    Participant
    Rank: Level 7

    NMDC – Intresting pattern

    # have witnessed double bottom at 76  and gained a strong support with high volume gap breakout @ 85

    # sketched a typical flag after the double bottom breakout supported by good volume.

    # Flag entry – 97, SL – 88, Target – 98

    # Reaching the target 98 the price would have breaken the previous resistance @ 95 and 97 levels

    # Hence we can hold it for the next Target 2 -105

    #11414
    bhavani
    Participant
    Rank: Level 7

    Dear sir/ madam, the above mentioned pattern does not qualify one of the flag condition – flag should not drift lower. Kindly review it.

     

Viewing 5 posts - 1 through 5 (of 93 total)

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