The double bottom pattern was observed in ICICI bank , first bottom occurred in april 02 2018 the stock recovered and made high at 308 level after that the stock went in a downtrend to touch the low of 260 forming the second bottom . Then again the stock rebounded and was in a uptrend the spike in volume was also noted and the long position can be created at 308 level. The target level was around 350 . The stock reached the high of 344 after that it witnessed selling pressure
Double bottom-ICICI bank
