A flag pole pattern breakout in a daily chart of NCDEX Guar Seed
A flag pole pattern breakout in a daily chart of NCDEX Guar Seed is a technical analysis pattern that is often seen in the market. This pattern is characterized by a sharp and fast move up in price followed by a period of consolidation where the price generally trades in a range. The breakout occurs when the price breaks out of the range and continues the upward trajectory. This is generally seen as a bullish sign, indicating further upside in the price.