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According to the 15-minute chart for Makemytrip, there has been a notable narrowing of Bollinger Bands and a bearish Marubozu pattern observed on November 10, 2022, at 13:45. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market. Consequently, it is likely that bearish momentum will persist in the near future.
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