A consecutive 8 month positive closing.
Nearly a 200% jump from Mar 20 low.
Now its giving signs of exhaustion.
My calculation show 320 within 6 months .
Lower Highs and Lower Lows since the formation started in Jan 2018.
We had a huge move from Mar this year, wherein we had six months of bullish candles.
At Rs 440, its at an interesting juncture.
Is it bearish as it appears?
or is it some very bullish Chart pattern ?
I would go for a bearish stance.
