Panchalk

Flag pattern and BO just now..

Long
Panchalk Updated   
NSE:ITI   Indian Telephone Industries Limited
Flag pattern and breakout from it...but volumes are not too good. On 15 June 2020, it broke out with huge volumes from a channel. Flags are known to give good moves, but let's wait and see...Targets are highlighted by horizontal lines..Trade at your own risk. This is just for educational purpose.
Comment:
130 appears to be a resistance area as evidenced by so many REJECTION CANDLES and long upper wicks..if it crosses that area with GOOD VOLUMES it could reach the targets mentioned
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