Dollar Industries Intermediate Term looks bullish!
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It appears that the price of Dollar Industries Ltd. has reached its lowest point after trying and failing to go below a certain level. Instead, it started going up again, which is a sign that a new upward trend may be starting. the price seems going above the highest point between the two lows, it confirms that the trend is changing to a more positive one and looks like Double Bottom.
The Double Bottom is a reversal pattern of a downward trend in a stock's price. [/I]
Note for everyone who came across this reference:
The Double Bottom is a reversal pattern of a downward trend in a stock's price. [/I]
Note for everyone who came across this reference:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade.
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Educational Target Closed!!
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