BULL FLAG

200
Trading Plan
Bullish Scenario (Higher Probability)

Entry Trigger:

Daily close above ₹1,930-1,950
Preferably with strong volume

Targets:

₹2,000
₹2,080
₹2,250
₹2,480 (positional)

Stop Loss:

Aggressive: ₹1,820
Conservative: ₹1,740

Risk-Reward:
Very attractive if breakout occurs above ₹1,950.

Bearish Scenario

If price fails near the trendline and breaks:

₹1,820 → ₹1,780

Then it can revisit:

₹1,740
₹1,680

A close below ₹1,720 would invalidate the current bullish setup.

Expert Verdict

Rating: 7.5/10 Bullish

Trend: Recovering
Momentum: Positive
Structure: Bull Flag
Volume: Need breakout confirmation
Risk: Moderate
My Action

If I were managing money professionally:

Already holding → Hold
Fresh buying → Wait for daily close above ₹1,950
Swing target → ₹2,080-2,250
Strict stop → ₹1,740

The stock is at a decision point. A breakout above the red trendline could lead to a fast move toward ₹2,080+. Until then, it's still in consolidation and not yet a confirmed breakout.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.