Viewed the chart in an 2 months interval basis (zoomed out)

Searched for patterns before bullish trend

Identified a double bottom with more than a month interval

Volume of trade was not high during the bottom periods, but still, when the previous top was surpassed there was a huge  trade volume, which can be considered as a valid condition for double bottom.

entry at Rs 57693

Stop loss Rs 53287

Target Rs 62099

3 Comments
  1. Author
    GowthamG 4 years ago

    Clear version of the image

  2. Author
    GowthamG 4 years ago

    With entry, target and stop loss mentioned

  3. Naresh 4 years ago

    Excellent work sir… Keep doing this

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