Contraction in Monthly Time Frame

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This is the monthly chart and analysis of Global Spirits.

Global Spirits has formed classic flag and Pole pattern and now trading comfortable on 10ema. It has taken three times resistance from 1300+ Price zone and now made a perfect 3T pattern.

The stock has made same structure in the DTF also.

The stock made same structure during 2018 to 2020 and rallied 5 times from there,

Disclaimer- Do your analysis before entering any stock. You are responsible for your own profits and losses.

Always go in with a SL.

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