Dabur – 20.9.15 – Double Top – Bearish – CMP 275 – Entry Below 270 – Tgt 260

[KRISHNA KUMAR MS]

Dear Friends,

I have done a analysis on dabur and found that it has recently formed a Double Top.

Dabur – 20.9.15 – Double Top  – Bearish – CMP 275 – Entry Below 270 – Tgt 260 – SL 275.

It is at a CMP of 275 and we may prefer to sell the same only if it goes below 270 for a target of 260 with a sl of the same reverting back to 275. Please see the charts.

[V.VEDANAYAGAM]

DEAR SIR /MADAM
THE pattern requires one month for formation if at all it forms
WE cannot ignore a TOP in between which is at par with the top and next to it
Please do the analysis with the past period because we are given the training only to identify the pattern and how to enter the trade with correct stop loss

[KRISHNA KUMAR MS]

Sir,

Thanks for your comment. Understood and will start identifying the charts in the past period for practice and understanding.

[Author]

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