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  • #6488
    Abirami Duraisamy
    Participant
    Rank: Level 5

    Following is the analysis for the Points marked in the chart.

    Double bottom formed at Point A(15-Dec) and B(07 Jan), the duration between A and B is apprx 20 days and high volume seen at Point B, hence qualifies double bottom sequence.Trade Plan: Direction-Long, Entry above 1407, Stop Loss: 1500, Target: 1720

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