DOUBLE TOP __1 day chart pattern
APRIL 27 tested a new high (504.80) and failed to break it. Almost after month+ it has risen above to its Previous HIGH.
I would go SHORT around " IF THERE IS ANY RESISTANCE AROUND IT'S PERVIOUS HIGH OR IF THERE IS A SIGN OF A NEGATIVE CANDLE
( HANGING MAN ) IN THE NEXT FEW DAYS"
TARGET__ 475- 450
MY VERY FIRST ANALYSIS / CORRECT ME IF AM WRONG
PLEASE VALIDATE AND GIVE SOME SUGGESTIONS !
Previous support levels resistance level is broken along with a small rally. Since LTP : 27.75 Entry price : 28.00
Previous resistance level is found to be at 30.3 so Exit price is kept well below it as Exit price : 29.8
Stop loss below previous support level of...