Checked below conditions to confirm bearish flag pattern:

  1. Steeper downside poll
  2. Sideways movement with less volume for 7 days

  3. Increase increase in volume during negative breakout

Trade Plan:

Entry point  : go short below 147

Stop loss    : 154

Target       : 140

1 Comment
  1. Suresh Surulimuthu 11 months ago

    Nice Analysis. Thanks.

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