Bullish Flag pattern in SANGHVI MOVERS
Diupdate
A Weekly Bullish Flag and Pole pattern is visible on the charts of
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the SSANGHVIMOV
MACD gave Positive crossover on Daily chart , Monthly chart and on weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 740-760 levels with the stoploss of Rs. 620.55 on weekly closing basis. The 1st target will be 840.10 , 2nd target will be 928.10, 3rd target will be 1008.20, 4th target will be 1096.65 and fifth target will be 1184.55.
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the SSANGHVIMOV
MACD gave Positive crossover on Daily chart , Monthly chart and on weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 740-760 levels with the stoploss of Rs. 620.55 on weekly closing basis. The 1st target will be 840.10 , 2nd target will be 928.10, 3rd target will be 1008.20, 4th target will be 1096.65 and fifth target will be 1184.55.
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Missed the final target by 5 Rs. only...Catatan
All targets completed. Enjoy the money rain guys............
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