darshandedania
Short

Gail : Shooting star pattern

NSE:GAIL   GAIL INDIA LTD
NSE:GAIL


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.

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