Jupiter Life line hospitals A classic bearish flag pattern is clearly forming in Jupiter Life Line Hospitals Ltd (JLHL).
Pattern Analysis:
A to B: Sharp decline (flag pole)
B to C: Slight upward‑sloping consolidation (flag)
C to D: Projected breakdown direction
This is a textbook‑style bearish flag—a continuation pattern—implying that the prior downtrend is likely to resume.
Trade Setup (Short Side):
Level Price (approx.)
Entry Below ₹1,445 (breakdown candle close)
Stop LossAbove ₹1,485 (slightly above the top of the flag)
Target 1 ₹1,350
Target 2 ₹1,250
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only.
