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On the chart of Coal India date between 13 July,15 to 12 Aug, 15 during one month two tops have been formed nicely. Also, the volume between 7 to 12 August is high which qualify the condition of high volume at the second top while crossing.
| 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 | |||||
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Hi sir,
For Double top pattern there should be a two equal tops. Here the double top pattern is not formed properly so it may not be the double top pattern.