Update at 12:44 PM:
It is forming shooting stars, book out 75 % and trail with only 25%
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It reached the target of flag and pole
. Again it is consolidating with low volumes after the shooting up with volumes. So trail keeping the stop loss below the consolidation(Approx at 286) and hold till it reaches 293. Book partial profits accordingly in between.
4 comments:
Mostly u r posting this flag & pole, can please post something on this technically, what is wat after market hours.
Thanks in advance
doji..its 293..not 193 :)
It is same as flag, which is also called bull/bear flag. you can read about the here: http://www.trending123.com/Chart-Pattern-Scan-Stocks/Technical-Analysis-Trading-Bull-Flags.htm
Oops, thanks Kurichh for correcting the typo :)
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