- Double bottom pattern has been formed and it took resistance from the neckline, that means it has again tested that level.
- EMA 20 is tocuhing EMA 50, so there can be cross-over as well.
- So there is a possible breakout towards Upside, check the volume while breakout happens.
- Buy at 2945 - 2955 after confirmation of breakout.
- Exit at 3010 - 3030 level, if it gets reversal from supply zone, or if it crosses that supply zone, exit at 3080 - 3100 level
- Stoploss at 2920