Page 4 - Double Top News Today

GAIL India has seen a breakout of falling resistance trendline. The stock has formed strong bullish candlestick pattern on the daily charts with robust volumes and traded above all key moving averages.

The Double Top is a bearish reversal pattern and forms after the asset (stock, index etc) hits two consecutive peak levels, with a correction in between that two peak levels (sort of M kind of formation).

CADJPY currency pair recently reversed down from the long-term resistance level 110.30 (former yearly high, Double Top from last year) strengthened by the upper weekly Bollinger Band.

Crews were leaving Madison County Thursday to attend to other fires in Virginia.

The options data suggested that 19,800-20,000 will act as a resistance area for the Nifty50, with immediate support at 19,700-19,600 levels

NLC India saw a breakout of falling resistance trendline adjoining highs of September 6 and October 12, and formed healthy bullish candlestick pattern on the daily charts, with healthy volumes.

An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.

A short build-up was seen in 81 stocks, including L&T Technology Services, Syngene International, ABB India, Biocon, and Apollo Tyres

The NZD/USD pair continued its bearish spell for the third trading session as fears of a slowdown in China rose after a poor inflation report. The Kiw

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