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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.