hardeepssethi

Dollar Industries Intermediate Term looks bullish!

hardeepssethi Updated   
NSE:DOLLAR   DOLLAR INDUSTRIES
It appears that the price of Dollar Industries Ltd. has reached its lowest point after trying and failing to go below a certain level. Instead, it started going up again, which is a sign that a new upward trend may be starting. the price seems going above the highest point between the two lows, it confirms that the trend is changing to a more positive one and looks like Double Bottom.
The Double Bottom is a reversal pattern of a downward trend in a stock's price.

Note for everyone who came across this reference:
  • This chart analysis is only for reference purpose.
  • This is not buying or selling recommendations.
  • I am not SEBI registered.
  • Please consult your financial advisor before taking any trade.
Trade closed: target reached:
Educational Target Closed!!
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