Bearish flag on Equitas

٢ فبراير ٢٠١٩

Price is at an area of previous resistance and has almost completed a bearish flag pattern. If it completes the flag and breaks down, it might go till around 80 which is the all time low and it confirms with the 1.27 fibonacci extension. Stop loss could be placed at 130. Intermediate targets would be at 111 and 100.
In short,
SL : 130
Targets: 111 / 100 / 80