Apollo Hospital – Double Bottom

Double bottom is two equivalent bottom which is identified and marked as A & B and the top between A & B is marked as C. The qualities of double bottom is, the duration between the two bottoms should be 45 days or more and the volume should be high.  In this Apollo Hospital chart the first bottom shown at 14.112017 and the second bottom comes on 28.09.2017.  The Duration is more than 45 days. And the volume is high at the time of reaching the target price.  So it it confirmed as the double bottom. And the target price reached at 20 days.