The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn through ...

Rajesh Bhosale, Technical Analyst, Angel One, said that Nifty 50 is showing early signs of a potential double-bottom formation from a technical standpoint. On Nifty 50 daily chart, a solid base is ...

It was observed that Nifty is in the process of forming a double bottom type pattern around 24,700 levels, which needs to be ...