Both doube top and double bottom is spotted. Stock formed a great support a4 665 and then double bottom is formed. Again two resistance spotted at 776 & 795. As a conservative entry long positions can be taken above 795. Aggressive traders can buy above 776 if volumes are supported. The stock has formed double top previously. so watch for a trend reversal before taking any position. Trade with caution.

2 Comments
  1. EQSIS 7 years ago

    Very good spot, infact am considering this for my trade..

  2. Author
    Balamurugan 7 years ago

    Thanks for your feedback. I have given the duration for the target as 1 month. Is that correct?

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