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Double Bottom

Adani Power: One Monthly Trendline, One Daily W-BottomApoorv Dubey | SEBI Registered Research Analyst | INH000030287 Monthly chart (left): The red line marks rising support. Price has reacted around this trendline several times, making it a useful reference for the broader trend. Daily chart (right): Zoom in on the latest reaction and you’ll see a W-shaped bottom. The grey zone first acted as support, then became resistance after price broke below it. It also marked the area of the rebound between the two lows. The latest daily candle closed abov
NSE:ADANIPOWERLong
by Apoorv-Dubey_SEBI-RA
2
Nifty 1D: Breakaway Gap Meets Overextended ResistanceOverview 📊 Following a sharp structural decline, the Nifty 50 (1D chart) has printed a classic bullish trend reversal pattern, punctuated by an aggressive surge in short-term buying momentum. 🚀 While the structural breakout remains highly valid, a confluence of immediate overhead resistance suggests the index can ripe for a healthy mean-reversion pause or profit-booking phase 🛑 before continuing its upward trajectory. Technical Breakdown 🔍 1. Reversal Structure & The Breakaway Gap 📈 • Double
NSE:NIFTY
by suhailmahajan
GOLD: The Bigger Move Might Be Loading...Gold is currently trading near 4,072, with the 3,957–4,000 zone acting as a crucial support area. Buy Near 4,000, this could be an interesting and last buying zone for next 3-4 years. We could see a move toward the following targets: 🎯 Target 1 — 4,375 🎯 Target 2 — 4,661 🎯 Target 3 — 5,492 🎯 Final Target — 7,452 A strong breakout and sustained momentum could open the door to further upside. Gold appears to be forming a potential Double Bottom pattern near the crucial 3,957–4,000 support zone.
TVC:GOLDLong
by advikjain
SEPC Ltd (W): MAJOR BOTTOM REVERSALTimeframe: Weekly | Chart Scale: Logarithmic Constructive +3.94% weekly surge backed by a massive 97.38M volume spike! 🔥 Technical Highlights: ✅ Reversal Pattern: Formed a classic double-bottom at multi-year support (active since Aug 2020!). ✅ Price Action: Bullish hamme r candlestick confirmed right at the support floor. ✅ Volume: Massive volume spike reversing a recent "dry volume" trend. ⚠️ Caution: Short-term EMAs still negative, but MACD & RSI are curling up! 🚀 Key Level
NSE:SEPCLong
by Learn_with_Pth0mas
NIFTY 50: Double Bottom at 22,200 — Is a Reversal Brewing?Timeframe: 1-Hour Chart Market: NIFTY 50 Setup: Potential Double Bottom / W Pattern * NIFTY 50 is showing signs of a potential reversal after an extended corrective phase on the hourly chart, with the 22,200 zone emerging as a crucial support area. * Price action around this zone suggests the formation of a possible Double Bottom pattern. Additionally, the September-to-October transition has seen a broader W-shaped structure develop, with 22,800 acting as the key neckline resistance in this se
NSE:NIFTY
by M92_S
Bitcoin — Daily ChartBitcoin has formed a Double Bottom around the $60,000–$64,000 area. The neckline was broken decisively and the subsequent retest has already been completed, with price holding above the breakout zone. The breakout also came with strong momentum, and price has moved above the long-term falling trendline. This strengthens the bullish structure. Current price is around $85,940. The measured move from the Double Bottom projects approximately $104,000, which is the major pattern target marked on
BITSTAMP:BTCUSDLong
by LogicTradeRoom
2
NSLNISP: Weekly Double Bottom Breakout1. The Macro Perspective: The Massive Accumulation Base I am taking a LONG bias on NMDC Steel Limited (NSLNISP) on the macro weekly (1W) timeframe. When analyzing pure market structure on an emerging steel manufacturer, massive accumulation bases are critical for initiating long-term secular trends. Following a significant markdown phase from its mid-2024 peak, the stock entered a massive structural bottoming process spanning well over a year. This sideways and rounding consolidation effectively
NSE:NSLNISPLong
by ParamjitMahapatro
BALAMINES: Weekly Double Bottom Breakout1. The Macro Perspective: The Double Bottom Formation I am taking a LONG bias on Balaji Amines Limited (BALAMINES) on the macro weekly (1W) timeframe. When analyzing pure market structure on a specialty chemicals stock, extended markdown phases must eventually find a floor. Following a severe downtrend, the stock entered a prolonged bottoming process, carving out a massive, textbook Double Bottom (or 'W') structure visible on the chart. This multi-month digestion phase formed two distinct rounde
NSE:BALAMINESLong
by ParamjitMahapatro
COSMOFIRST: Massive W-Bottom Base and Textbook Confluence Retest1. The Macro Perspective: The Washout and the W-Bottom I am taking a LONG bias on Cosmo First Limited (COSMOFIRST) on the daily (1D) timeframe. When analyzing pure market structure, the most reliable reversals are born from deep, agonizing accumulation phases. Look at the structural development on the lower half of this chart. After suffering a brutal markdown phase that dragged the price into the 500s and completely washed out weak hands, heavy institutional capital stepped in. I have explicitl
NSE:COSMOFIRSTLong
by ParamjitMahapatro
5
CON: Massive W-Bottom Macro Base and Explosive Breakout1. The Macro Perspective: The Multi-Month Washout I am taking a LONG bias on Concentra Group Holdings Parent, Inc. (CON) on the weekly (1W) timeframe. When analyzing pure market structure, the most lucrative macro trends are born from deep, exhausting accumulation phases. Look at the massive structural development spanning this chart. After establishing a historical resistance zone between the solid black 23.45 and 24.23 lines, the stock suffered a prolonged markdown phase. It washed out all th
NYSE:CONLong
by ParamjitMahapatro
IRM: Explosive Macro Breakout and Double Bottom Completion1. The Macro Perspective: The Massive 'W' Reversal I am taking a LONG bias on Iron Mountain Incorporated (IRM) on the weekly (1W) timeframe. When analyzing pure market structure, horizontal lines dictate the flow of supply and demand. Looking at this chart, IRM established a massive historical ceiling near the 122.87 level before undergoing a brutal, multi-month correction. However, instead of bleeding out into a secular bear market, the stock carved out a massive "W" structure. It tested the d
NYSE:IRMLong
by ParamjitMahapatro
Nifty Alpha 50 Breakout: Adam-&-Eve Double Bottom PatternThe Nifty Alpha 50 NSE:NIFTYALPHA50 Index is a prominent instrument for investors chasing alpha. It is a benchmark index that tracks the performance of 50 stocks with high alpha over the last one year. Historically, it is observed that the Nifty Alpha 50 Index has offered better returns to investors as compared to the flagship indices. The advantage of the index lies not only in its diversification across different sectors but also in its diversification across large, mid, and small-cap comp
NSE:NIFTYALPHA50Long
by deep_bhattacharjee_db
2
DHAMPURSUG: Stage 2 Breakout AttemptAfter topping near 325 in 2022-2023, price went into a clear Stage 4 decline and corrected all the way towards the 110-120 zone. Since then, the stock has built a base between roughly 110 and 150, with multiple attempts to recover above the 150 area. The 150 zone has now been reclaimed, and price is pressing into the next major resistance around 167-170. THE BREAKOUT This week price moved from around 152 to a high near 168, with weekly volume expanding to around 3.8M shares. That is above averag
NSE:DHAMPURSUGLong
by zikzak-trader30
COCHINSHIP Possible Double Bottom Recovery________________________________________ 📊 Cochin Shipyard Ltd.: Daily Technical Snapshot – Possible Double Bottom Recovery 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: COCHINSHIP | DAILY Closing Price: 1,490.00 (+65.00 | +4.56%) Core Trend: Recovery Within Uptrend Market State: Double Bottom Recovery Price Structure: Price has rebounded strongly after forming a Double Bottom near a key support zone. Buyers have regained momentum and are now
NSE:COCHINSHIPLong
by simpletradewithpatience
Bank Nifty spot 57685.75 Daily Chart - Weekly updateBank Nifty spot 57685.75 Daily Chart - Weekly update - Bank Nifty kept closure above last week by Positive Global Events - Updated Support Zone 55550 to 56750 for Bank Nifty Index - Updated Resistance Zone 57800 to 58800 for Bank Nifty Index - Bullish Double Bottom + "W" Double Bottom + tiny Rounding Bottom - Probable Breakout attempted by Bank Nifty by stepping in the Resistance Zone - Anticipate Geo Political scenario upholds for optimistic uptrends in Domestic Markets
NSE:BANKNIFTY
by PIYUSHCHAVDA