HPCL:Has formed a flag pattern in daily chart and also has given Golden DEMA Cross over -20 DEMA against 50/100/200DEMA in daily chart.
Combination of the above suggests a possible15 point move -equivalent to the length of the Pole (Pole & Flag pattern break out) towards 460+(For educational purpose only)
Combination of the above suggests a possible15 point move -equivalent to the length of the Pole (Pole & Flag pattern break out) towards 460+(For educational purpose only)
Trade closed: target reached
Note
Hope some of you took the call , word of acknowledgement will motivate me to post such interesting ideas in future
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.