Gail : Shooting star pattern

GAIL
snapshot


Gail India : Has formed Shooting star candle stick pattern after good up move. This is a bearish pattern.
Also noticed it has rejected 200 EMA which adds more confidence of expecting weakness in this counter.

If starts trading BELOW Friday low then this patter is valid.
chartanalysisChart PatternsGAILNIFTYShooting StarTrend Analysis

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