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Nifty 50 Index
Long

Double bottom

By ShenoyViews
NIFTY we could see the formation of "W" or double bottom pattern
one can enter in call side, nifty above 19500
it can show sweet targets.
the stop loss would be low of 11:15 candle
confirmation could be 11:10 5min candle which is forming bullish pin bar, which also indicates bullish reversal trade as it has formed around the day low
Thank you and follow for more updates
Chart PatternsDouble Top or Bottom
ShenoyViews

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