There are many things you can see on the chart. First thing first, at present double-bottom chart pattern is forming on the daily timeframe. Apart from the double-bottom pattern, there is a bullish RSI divergence on the chart and that zone is now acting as a support which earlier was a resistance.
I was expecting it can form double bottom but now it seems that it had broken its previous bottom and it got failed to form double bottom and can't give upmove. It will be best to exit if have any position
samratk028
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hi, has this bottomed out and can expect upmove in the coming days? if so, any specific target pls