18th February 2021 – Double Bottom – PETRONET

Jump to: Pattern Result

Date and Arrival Time: 2021-02-18 09:30

Symbol Name:  PETRONET

Pattern and Direction:  Bullish – Double Bottom Break

Pattern Completion Price: 248.00, Pattern Ideal Completion Price: 245.90

A Bullish Double Bottom Break has arrived at 09:30.

This is a pattern with a formation span of  3 days,  starting from the 2021-02-15 09:20 – 2021-02-18 09:30

There is a potential Buy opportunity at 248.00. A safe stop-loss for this Double Bottom break can be kept at 242.55 or 239.20 as per the pattern and the trader’s risk tolerance.


UPDATE: 22nd Feb – Success!

Let’s take a look at how this pattern’s results unfolded:

PatternSurfer - India