CHEMFAB ALKALIS - BREAKOUT

HELLO FRIENDS,
Here I am sharing CHEMFAB ALKALIS which recently have given breakout of Flag and Pole chart pattern and also forming Head and Shoulder pattern
it has given breakout of flag n pole pattern with intensity of volume and the indicator that supports to take trade which are MACD and RSI are also in favor.

Flag N Pole breakout


The price is also trading above the significant EMAs i.e. 50-100-200


Macd in Daily time frame


Macd in Weekly time frame


RSI at the breakout candle is positive uptick and is also above 60 which shows strenght


Disclaimer
I am not SEBI registered analyst.
All my studies are for educational purposes.
I am not Responsible for any kind of your profits and losses.