Double Bottom Witnessed at Tata Steel

Double Bottom conditions:

1) Volume has to be high at point B(which it is) and High volume at A as well. But average volume at Point C

2) The two Bottoms are equivalent and this indicates there is a strong Buyer presence there

3) We can Long after the price surpasses the Level of Point C

4) Gap between both the tops are 35 Days

which passes the criteria for minimum 20 days

Can Long after the point C