NSE:TV18BRDCST   TV18 BROADCAST LTD
Positional Short
Entry: 32 (aggressive)
: Wait for breakout of neckline and
wait for successful retest of neckline
(Conservative)

Target 1: 30.20 (aligned with Fib 0.382 retracment)
Target 2: 25 (not aligned with Fib 0.618 retracment, Fib 0.618 retracment is 23.25)

Risky trader can target for 23.35.

SL 37 (on closing basis)

Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
Comment: It is not double bottom it is double top. by mistake, I have written top as bottom .