AVONMORE | Weekly Chart | Double bottomDouble bottom chart pattern is formed in weekly time frame with support at 58.5. There price action is supported by volume also as there is spike in the volume as highlighted.
If the price closes above 131.25 followed by confirmation candle then target 1 would be 172.4 using Fibonacci retracement tool.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.