The conditions for Double Bottom are: 1. There should be Two Bottoms and it should be equivalent. 2. The gap between the two bottoms should be minimum one month. 3. The trade volume should be high in the second bottom or at the crossing neck line. If all these conditions are satisfied then we can say that the bullish trend has began.
NIFTY DOUBLE BOTTOM – PRACTICE (OLD DATA)
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Stock Analysis
M | T | W | T | F | S | S |
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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,
While practicing select the stock from nifty 50 instead of choosing nifty index.
Sure Naresh from next time onwards I will.
Is there any particular reason for that.