double bottom—————————————————————————————–
Stock Ticker – NSE: AXISBANK – Axis Bank Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 719 Target 796 Stoploss 699
Analyst Rating – :4/5
View Posted on 2022-08-14
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Hi,
Good attempt … For double bottom- Your entry point should be when the stock price breaks above the neckline ( Resistance level) and set the stop loss level at the recent low (Support level).
Note- When the upside breakout occurs, there should be an unusual volume to confirm the trend.