FLAG PATTERN CONDITIONS:
1. STEEPER POLE : 70-85 DEGREES (YES PRESENT).
2. DURATION OF THE POLE : LESS THAN 3 DAYS. (YES 2 DAYS)
3. RECTANGULAR MOVEMENT FOR 3 TO 7 DAYS. (YES. 7 DAYS)
4. BREAK OUT SHOULD HAPPEN IN THE SAME SIDE. { WE HAVE TO WAIT FOR TOMORROW. IF IT GIVES BREAK OUT IN SAME DIRECTION WITH HIGH VOLUME THEN WE CAN EXECUTE OUR PLAN. OR ELSE THIS IS NOT OUR CUP OF TEA LETS WALK AWAY}
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Stock Ticker – NSE: TATAGLOBAL – Tata Global Beverages Ltd. – CONSUMER GOODS
Bullish Trade plan:
Entry Level 243.30 Target 280 Stoploss 197.50
Analyst Rating – :4/5
View Posted on 2019-05-28