srikartiram

WELCORP | Flag & Wedge formation - 52% potentially it can go

Long
srikartiram Updated   
NSE:WELCORP   WELSPUN CORP LTD
WELCORP | Flag & Wedge formation - 52% potentially it can go up side

CMP : 100
SL : 92
Target : 150
Almost 1:6 risk reward setup

(P.S: Its a weekly chart, Small cap, Circuit range is 5% so plan your trade accordingly - Could take time upto Weeks to Months)
Comment:
Circuit range changed to 20% in the past week - Dint noticed while posting the chart. Sincere apologies !
Trade closed: target reached

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.