Flag Breakout Good Risk/Reward

I've observed a good Flag pattern trade, which could reward well in short term. One can buy the stock with the following details
Entry 49.50
SL 46
Target 59.80
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
ADANIPOWERFLAGFlagNIFTYTrend Analysis

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