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.
BOSCHLTD-BEARISH-DOUBLE TOP
feel free to call us +919500077790 info@eqsis.com
0 Comments
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.