Double bottom spotted between 01-Aug-17 and 29-Aug-17 (28 days). Long position taken at Rs. 1152. since point B was showing high volume. Target achieved within 2 months
, , Double Bottom
, , Double Bottom
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Hi,
The double bottom pattern always follows a major or minor downtrend but here the prior trend is sideways movement.
Thanks Naresh for spotting out.. Good learning for me