MercySamurai

JUBLFOOD - double top or parallel channel with bullish pattern ?

NSE:JUBLFOOD   JUBILANT FOODWORKS
In the chart i could see the parallel channel is respected perfectly with 5 touchings at the bottom. Morning star candlestick pattern occurred in 1 hr timeframe and hammer formed in 1 day timeframe with huge volume. But here is the confusion, there is a formation of double top chart pattern even with little a retracement. So as per the movement in Monday i'll take a trade on either reversal or breakout accordingly.
Please comment if anyone is having the idea on further movement(reversal or breakout) with logic.
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