CSAP | Flap Pattern
Crescent steel displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern. Our plan entails accumulating the stock within the designated buy area around 60, while setting stop loss orders below the bottom of support around 50.30. To guide our trading decisions, we've delineated three distinct targets: an immediate target around 70 and secondary target for exiting the trade will be around 80 depending upon break out and the final target based upon completion of flag pattern will be around 97.
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