A beautiful double bottom pattern on TTKPRESTIG
Updated
On daily charts of TTKPRESTIGE prices have formed a very subtle and beautiful double bottom pattern after short term downtrend . If we look at the weekly chart price has came to retest it's previous three times resistance level, which was broken last year around the same month and now suppose to act as support. On hourly charts, huge volume is visible when both the bottoms were being formed. Price is near it's neckline. Hourly close above the neckline (Rs.875) will be considered as a breakout of the pattern. Intra-day and swing traders can add this scrip in watchlist.
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