NSE:RELCAPITAL   RELIANCE CAPITAL
Price rose sharply (that is how a Flag Pole is made and this is the first criteria for identifying a Regular Flag Pattern) from lows on the back of a Positive Divergence and now a Bullish Flag is in the making. Price is trying to breakout. Go long keeping an SL at the bottom of the Flag. If fortune strikes price may rise towards 200 DMA. But we avoid being greedy. If we make good gain, we keep the money in the pocket and not on the screen. All the best.
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.