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Is it bearish flag?
JUBILANT FOODWORKS LTD
Is it bearish flag?
By nileshgr
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Updated
Mar 16, 2018
1
Mar 15, 2018
Looks like a bearish flag has formed, because previously it failed to continue the rally after breaking out of the neckline of the rounded bottom
Also flag is forming after a small correction in the upward direction, which means there's room for more downside.
Mar 16, 2018
Note
Looks like bear started
Chart Patterns
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