Stock Name: SUNPHARMA Pattern Name: Falling Broadening Wedge Pattern Current Price: 679.60 Projected Pattern Target: 690+
Process to identify Double Bottom Pattern: 1) Find out Support/Demand Zone in the script 2) Use RSI to identify any divergence in current trend 3) Place Early Entry or Wait for any candlestick pattern confirmation - i.e Hammer , Bullish Engulfing, morning star or others bullish pattern. Entry and Stop Loss: 1) Early entry at support level on basis of RSI...