The script formed a low of 360 on 17/12/14, went to a peak of 403 on 24/12/14 and formed another low of 364 on 7/1/15 with volumes of 1469100 on first low and volumes of 853800 on second low. In order to double bottom to be formed, the script has to close above 403 with high volumes which will become its support level and will test if formed in coming days as well.
The OBV is also increasing with the trend suggesting volumes are increasing.
Chaikin money flow
Accumulation and Distribution graph took a bottom and moving upwards.
If the resistance of 403 is broken and sustained, it should target 443 in coming days then.
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