Chart Discovery

Tag: Double Bottom

  • Double bottom in IT sector

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    by

    Pratik
    in,,,

    Double Bottom A double bottom is a pattern in asset prices that creates a W-shaped movement. It indicates that after two lows, there will be a significant possibility increase in price. Most of IT sector stocks are forming double bottom pattern right now. Infosys After forming double bottom, it brokeout with high volume and and…

  • Persistent System: Chart Analysis

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    by

    Pratik
    in,,,

    Introduction Indian Multinational IT Services: Established in 1990, Persistent Systems is a major player in the Indian IT industry, with a global presence. Focus Areas: Their expertise lies in cloud computing, internet of things (IoT), endpoint security, big data analytics, and software product engineering services. Publicly Traded: The company is listed on both the Bombay…