TWO EQUIVALENT TOPS , TIME PERIOD 20 DAYS. THE PRICE GOING BELOW PREVIOUS ONE. SHORT POSITION EXPECTED. DURATION ONE MONTH.
DR.REDDY LAB- DOUBLE TOP
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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
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Hi,
The first top is not qualified since it doesn’t have a prior bull rally. This stock is already falling from the top. Refer the attached double top pattern.and also refer our eqsis study material.
ok sir i ll correct.