TV 18 is moving in a slanting channel from quite some time without touching the support trendline while it tried to touch resistive trendline thrice, that shows the power of buying in this stock off late the stock is making a flag pole kind of pattern ie pole made with good volumes and the flag being made on quite low volumes compared to pole this will be a bullish flag pole as its seen in an upmove so after the completion of this pattern we can see the price to touch around 720.
TRADE SPECIFICATION
LONG ABOVE:-655
SL:-644
FOR INVESTORS SL CAN BE 605
cheers
rish
PS:-CHECK THE MARKET TREND BEFORE GETTING INTO THE TRADE
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