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As per the graphical data the flag is formed
CONDITIONS:
1. The rectangular pole has formed with low volume.
2. In the breakout it had a good volume and it shows a perfect flag pattern.
Company: BOSCH POSITION: Short
Entry = 24650
Target = 22025-21150
Stop loss = 26400
It had formed in bearish trend and that is a sign of inverted flag pattern because in flag pattern when we are creating a short position the flag pattern must be inverted and it should be in bearish trend. then it can qualify has a flag pattern.
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