GPIL — Bear Flag
Godawari Power And Ispat limited · A sharp decline, then a tight drift higher — a downtrend pausing before it resumes.
Bear Flag · Weekly candles
Trigger. A close below the flag's lower boundary.
Target. Project the height of the pole down from the breakdown.
Invalidation. A bounce that recovers much more than half the pole, or a close above the flag's upper boundary.
| Stock | TF | State | CMP | Trigger | Away | Target | Touches |
|---|---|---|---|---|---|---|---|
| SANDUMASandur Manganese & Iron Ores Limited | Weekly | Bearish | ₹202 | ₹197 | 2.2% | ≈₹142 (-29%) | 5 |
| VAIBHAVGBLVaibhav Global Limited | Daily | Bearish | ₹224 | ₹218 | 2.6% | ≈₹165 (-26%) | 4 |
| REDTAPERedtape Limited | Daily | Bearish | ₹123 | ₹118 | 4.5% | ≈₹90.12 (-27%) | 5 |
| GHCLGHCL Limited | Weekly | Bearish | ₹439 | ₹417 | 5.1% | ≈₹284 (-35%) | 5 |
| JYOTHYLABJyothy Labs Limited | Weekly | Bearish | ₹205 | ₹191 | 6.9% | ≈₹126 (-38%) | 5 |
See every bear flag found today →
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.
