Daily Chart
Daily Chart
Redrawn the uptrendline from 1266 forming a bear flag with support at 1316.Bear flags should break down thus watch support at 1316 keenly.The megaphone pattern too requires one more point to be touched on the support line increasing the probability of a move down.
.Resistance at 1354 may be difficult to cross.
.Resistance at 1354 may be difficult to cross.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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