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Tagged: Bharti Airtel, Double Bottom
Two Equvalent Double bottoms formation between 01/01/2015 – 10/03/2015. Volume is high when break the neck line.
Trade Plan:
Symbol : Bharti Airtel
Position : Long
Entry : 366
Target : 394
Sl : 338
In the attached image another double bottoms also happened between 08/12/2014- 21/1/2015
The Neck top appears in between the two bottoms, hence your entry levels is only above 394 and your stop-loss is correct
Thanks for the Correction.
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