For Double Top – open the chart and Identify equal or equivalent Double Tops. To Qualify for this 1. TOPs should be equal or equivalent, 2. Volume at the second TOP and at the place where the price breaches (goes below) the bottom between these two TOPs should be high, Duration between the two tops should be a month. If these conditions are met a short position can be created at the place where the price breaches (goes below) the bottom between these two TOPs. Please refer the chart attached. Double top has been identified which are equivalent. Volume is high at the second top and at the  place where the price breaches (goes below) the bottom between these two TOPs. Short Position is Created here at Entry price of Rs. 23230, Stoploss is at the double top position at Rs. 25050 and the Target is at Rs. 21410.

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