VigneshIyer

A combination of Flag breakout and Multi year breakout in charts

Largo
VigneshIyer Actualizado   
NSE:ONMOBILE   ONMOBILE GLOBAL LTD
The stock has broken out of both the above patterns and has a weekly close above the resistance line. Targets in such structure usually is the length of the pole. Also in such breakout the resistance line could be retested before further upmove.

Please note I am not a SEBI registered Analysis. One should do their own analysis before taking a position in the stock
Comentarios:
Two resistance levels at 127 and 142.5 after which the stock will move freely for sometime.
With the larger time frame confirming breakout it is more likely to sustain.
Operación cerrada manualmente:
Stock at 130 levels . Today it is the results day hence taking the profits and exiting. will re-enter .

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.