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Double bottom in LMW
Long
Double bottom in LMW
By yndesai
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Updated
Jul 5, 2023
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Apr 26, 2023
Very good double bottom seen in Lakshmi Machine works.
After break of neckline price have come back to test the support.
Very good low risk long entry with SL of 10500
Targets of 11700 and 13900 possible
May 2, 2023
Trade active
SL 10500
Jun 22, 2023
Note
11700 achieved but buying interest is good. Likely to make new high.
Updating SL to last week low ie 12150.
Jul 5, 2023
Trade closed: target reached
selling pressure seen at 13750 levels.
Better to book profit.
Double Top or Bottom
Support and Resistance
yndesai
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