ANGELONE NSE FLAG & POLE WTF/MTF 45W Bull Run/ Positional

ANGELONE Analysis Price Action/FIBO

TRADE PLAN
ENTRY -2750 25%Qty, 2850 50%+ Qty Add Progressively
SL -2500 Weekly Low Close Price
TARGET --01-3200 , TGT02-3450 TGT3-5200 (F&P height above the flag BO)
Hold For a 2Years or TGT 2/3

Chart Pattern :
STOCK has recently done a 10Month Bullish Impulse and Retraced to 61% Forming a FLAG & POLE, Bouncing above the 50% FIBO /R level and consolidating in a range, WYCKOFF Accumulation. Strong Support at 2380 Lvl.
INDICATORS EMA :
The Price is Currently Trading below 200EMA, and 20EM crossed above 50 & 200 EMA in DTF.
50EMA is in a Upturn and close to crossing the 200EMA.

FIBO E :
After the Bounce-back from 61% FIBO Retracement Level, Price is currently holding above 50% FIBO/R level and trading near the 38.6% FIBO Retracement level on DTF. Early Impulse uptrend with ChoCH at 2700 on DTF

Volumes: Volumes are trading above the 20VMA in WTF..

Keep in your Priority Watch List

Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.

MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade