From the chart its very clear after an steeper pole flag occur here if the price goes at 58.5 there’s possibility of bearish from the chart its clear that supply zone is stronger than demand zone
FACT- Bearish Sell @ 58.5 FLAG PATTERN
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Stock Analysis
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Bearish View
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dear sir always try to plot flag pattern in candle stick chart.
Flag is a kind of pattern which indicates accumulating of shares when with the green pole and indicates dilution of shares with red pole.
Flag = buy above the resistance keeping support as stop loss
Inverted Flag= sell below support keeping resistance as stop loss
pole of the flag showing the upcoming direction