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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).
Updated Feb 17, 2021 | 08:58 IST The Nifty posted its highest ever quarterly earnings per share at Rs 164.4 for Q3FY21. The 50-stock index managed to close 100 points off the day’s high and made an outside bar with the close lower than open. Trade setup for Indian equity markets for February 17, 2021 | Photo Credit: Thinkstock Key Highlights Nifty Bank underperformed 1st time in 3 days NSE Advance-Decline negative for 3rd day in a row The Nifty posted its highest-ever quarterly earnings per share at Rs 164.4 for Q3 FY21. The 50-stock index managed to c...