As seen in the chart, Dlink has formed a flag and pole which was broken 2 days back.
The flag is a beautiful cup and handle pattern which justifies strength.
This is an exceptionally good chart for a positional trade to buy on dips till 300 with an SL of 260.
A swing trade is risky at CMP with SL of below 290 DCB.
Targets can be 370, 400 and above.
Note:-
Idea is shared for educational purposes only. It should not be considered as a recommendation.
The flag is a beautiful cup and handle pattern which justifies strength.
This is an exceptionally good chart for a positional trade to buy on dips till 300 with an SL of 260.
A swing trade is risky at CMP with SL of below 290 DCB.
Targets can be 370, 400 and above.
Note:-
Idea is shared for educational purposes only. It should not be considered as a recommendation.
Comment:
340 now. Strong uptrend has started after retest of 300