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NIITTECH Flag pattern Trading

Approaching oversold conditions on the weekly graph.
TA also suggests signs of next wave formation.
Although, recent acquisitions could give a boost in the perceived value by the market.(Arago and Cast)
Hit the top resistance and retraced back ~22%.
wait for the channel breakout(green)
and trade in the flag pattern. watch out for the resistance marked in red.
I will update on the next price movement. and targets if it stays in the channel.
TA also suggests signs of next wave formation.
Although, recent acquisitions could give a boost in the perceived value by the market.(Arago and Cast)
Hit the top resistance and retraced back ~22%.
wait for the channel breakout(green)
and trade in the flag pattern. watch out for the resistance marked in red.
I will update on the next price movement. and targets if it stays in the channel.
Transaction en cours
Moved up from the strong support. Continuation of the uptrend.Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.