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ynain1998

DOUBLE TOP

Short
INDIAN OIL CORP (NSE:IOC)  
ynain1998  
NSE:IOC   INDIAN OIL CORP
Trend Analysis Chart Patterns Technical Indicators short Bearish Patterns Double Top techincalanalysis
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trendanalysis chartpattern indicator short bearish doubletop techincalanalysis
SHORT IOC:-
1) SITTING AT STRONG RESISTANCE
2) DOUBLE TOP FORMATION AT 15 M TIME FRAME.
3) GOOD RISK REWARD RATIO.
4)DECREASE IN VOLUME AT SECOND TOP.
5) RSI DIVERGENCE (15MIN.)
TAKE CONFIRMATION OF PATTERN WHEN IT BREAKS 102.70 (SHORT).
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