A double top is a extremely bearish which appears when stock goes high in two consecutive times with a period over above 20 days and it is taken to view when the stock price falls below support level, here we analysed 2 yrs of trend and found the double top, which happened during the period of 17/04/2017 to 17/05/2017. concluded volume getting lower from buyers and the sellers volume above the previous, so its the time to take short position at 1283.7 with stop loss of 1304.9 and target of 1218 

1 Comment
  1. Naresh 5 years ago

    Hi,
    you have to change your trade plan. please find the attached screenshot for your reference.

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