This is best example for Flag and pole breakout in a daily chart frame in Ujjivan fin Ser.
157-163 was a major resistance, stock consolidated in that range and on 26-07-2022 we saw a breakout candle with good volume, which confirmed flag and pole breakout.
Stock has a potential to reach 192 range.
164 should be the first support and 155 will the next important support.
147 range should be the stop-loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
Share your opinion in the comment section, happy trading.
157-163 was a major resistance, stock consolidated in that range and on 26-07-2022 we saw a breakout candle with good volume, which confirmed flag and pole breakout.
Stock has a potential to reach 192 range.
164 should be the first support and 155 will the next important support.
147 range should be the stop-loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
Share your opinion in the comment section, happy trading.