The Double Bottom i.e two equivalent bottom which is identified is marked as A & B and the top between A & B is marked as C. The duration between A & B is 20- 30 days and volume is high, so the Double Bottom is qualified. Entry point is when the price goes above C and the Stop loss is the bottom B and the Target is equal to Stop loss.
![](https://www.eqsis.com/pro/wp-content/uploads/2017/11/TATASTEEL-Double-bottom.png)
A good one. Nice analysis for better understanding.
Do hunt any opportunities for the present? Pl post the same for everyone’s benefit.