Doubletop Pattern at CDSL

Be Cautious #Doubletop #Pattern (trend reversal ) at #CDSL [Central Depository Services (India) Ltd] weekly chart.

A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.

ONLY FOR #educational

NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)

#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop