A progressive rally seen in TCS halting at a previous level of 1370. A corresponding red candle next day with good volumes indicates possibility of double top. Sell trade executed with equal risk amd reward kept in mind.
TCS Double top
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Stock Analysis
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Bullish View
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Hi,
This is not an exact double bottom because the prior trend is side ways movement while your trading setup is totally differ. click the below link for more information about double top.
https://www.youtube.com/watch?v=skN4U1xuUs8
Thank you for the feed back sir… I will rectify it.