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Vineet Chawla

12th Jun 2025 · SEBI-Registered Analyst

Double Top

SHRIRAMFIN
A Double Top pattern is a technical analysis chart pattern that forms when a stock's price reaches a high, pulls back, and then rallies again to the same high. This pattern is a bearish reversal signal, indicating that the uptrend is losing momentum. The double top pattern is confirmed when the stock's price breaks below the support level, which is the low point between the two tops. This breakout can lead to a significant decline in the stock's price, making it a trading opportunity for bears

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Image 12-06-25 at 7.32 AM.jpeg
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