A FEW DAYS AGO YOU HAD SAID THAT NIFTY HAS FORMED A DOUBLE BOTTOM AND IT WILL TOUCH 4950 ; PLS COMMENT WHAT DO YOU FEEL NOW? WHICH SIGNAL SHOULD BE TAKEN AS CORRECT, THE DOUBLE TOP OR THE DOUBLE BOTTOM ?
as per my knowledge i would consider double bottom pattern faliur if nifty closes below its confirmation point which was 4614 in that case and today nifty closed at 4608 so double bottom pattern failed.
A FEW DAYS AGO YOU HAD SAID THAT NIFTY HAS FORMED A DOUBLE BOTTOM AND IT WILL TOUCH 4950 ; PLS COMMENT WHAT DO YOU FEEL NOW? WHICH SIGNAL SHOULD BE TAKEN AS CORRECT, THE DOUBLE TOP OR THE DOUBLE BOTTOM ?
ReplyDeletehi aiii,
ReplyDeleteas per my knowledge i would consider double bottom pattern faliur if nifty closes below its confirmation point which was 4614 in that case and today nifty closed at 4608 so double bottom pattern failed.