NEULAND LABS - Flag Breakout

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NEULAND LABORITIE (NSE:NEULANDLAB)

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NSE:NEULANDLAB NEULAND LABORITIE

trendanalysis chartpattern indicator neulandlabs neuland neulandlab priceaction technicalanalysis lowriskhighreward breakout cupandhandlepattern

Simple Price Action analysis.
Breakout from a flag pattern.

The stock could just keep climbing hereon or there could be a small dip on account of the round bottom formation (CUP).
If there is a pull back then a Cup and Handle Pattern would be in formation .

Either case the breakout level is 2380.

Trade ist aktiv:

Target 1 achieved and Target 2 was close. Nothing to worry.

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.