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Makemytrip's 15-minute chart has exhibited a notable trend, as the Moving Average Convergence Divergence (MACD) indicator has crossed below its signal line, denoted as a 'Death Cross.' Concurrently, the Bollinger Bands have expanded downward, signaling a potential continuation of the downward trajectory in the stock price. This suggests that market momentum is currently driven by sellers, indicating a prevailing bearish trend.
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