Break out from flag pattern in Bosch Ltd

24 พ.ย. 2020

There is a strong breakout from flag pattern on daily charts today. Volumes of 2X can be seen on the breakout.

One more thing to watch out is that today price has crossed 50DEMA and shall be closing above the DEMA .

Try to enter between 12300-12400 for targets of 13100/13350/13700. SL will be low of the breakout candle on hourly chart i.e. 12100

Risk/Reward: 2.3/3.1/4.3

Enter only if price comes to the above range of 12300-12400. CMP 12540

24 พ.ย. 2020

บันทึก

Bosch is showing good up move. Wait with patience. It should come back for retest of trend line.

Entry is valid only if it is available in 12400 range otherwise let it go.

24 พ.ย. 2020

ออเดอร์ถูกยกเลิก

What an jump in Bosch. Could not enter the trade. Trade cancelled.