Double Bottom : Dabur 9th Jan 2019
Double Bottom was spotted in Dabur on 9th Jan 2019 with above average volume. A Long position can be made at Rs. 422.6 (It has crossed the resistance level) with a Stoploss of Rs. 416.5 ( double bottom support level, indicating reversal of rally) and target of 433.1
Company Name: Dabur
Direction: Double Bottom, bullish
Entry Price: 422.6
Stop Loss: 416.5
Target Price: 433.1
Duration: 22 days
Hi,
Double bottom has not been formed. use candlestick chart for better view.
ok