praveen.bhatiya
Long

Double Bottome Reversal Confirmation

NSE:SYNDIBANK   SYNDICATE BANK
The pattern has formed the pattern and trading above the confirmation line. Interestingly PSU_Banking stocks are doing well recently. RSI has also shown divergence in oversold zone and is above 50 now so one can conclude that downtrend has arrested now at least for time being. One can take advantage of the setup for trading/investing.

Disclaimer : All stock recommendations and comments are my personnel view. please take financial consultancy for trading decision.
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