Double Bottom
HCL Technologies — 61.8% Fib Breakout Setup💻 HCL Technologies — 61.8% Fib Breakout Setup
CMP: ₹1,668
Stop Loss: ₹1,580
Targets: ₹1,747 / ₹2,002
🔍 Price Action View
Amid ongoing tariff-related news flow and elevated volatility, HCL Tech is emerging as one of the stronger names within the IT pack.
Key technical highlights:
Formation of a clear double bottom structure
₹1,747 is the critical level — it marks both the neckline of the pattern and the 61.8% Fibonacci retracement
A decisive breakout above ₹1,747 can trigger fast upside ex
ECLERX - Is a Fresh Uptrend Developing?📊 ECLERX – Technical & Educational Snapshot
Ticker: NSE: ECLERX
Sector: 💻 IT / Digital Operations & Analytics
CMP: 1,581.50 ▲ (+9.16% | 06 May 2026)
Learning Rating: ⭐⭐⭐⭐☆ (Recovery Continuation Structure)
Chart Pattern Observed: 📊 Base Formation → Recovery Bounce → Consolidation
Candlestick Pattern Observed: Three Outside Up Pattern | Double Bottom Pattern
📊 Technical Snapshot
ECLERX is showing signs of recovery after a prolonged corrective phase, with price attempting to stabilise above recen
Multibagger of the year
Finolex Cables Ltd. is the leading manufacturers of electrical and telecommunication cables and related electrical products. Founded in 1958, with a market cap of 12400 cr, It has shown a sign of reversal after a correction of 58.82% from it's high.
It has formed a double bottom chart pattern and finally gave a breakout on 10/02/2026 at around 813 level.
It has also released it's Q3 results with a strong growth in revenue by 35% YOY and 9.7% in PAT YOY
Some Fundamentals :
1> PE = 18
2>
Tata Power - Weekly structure + strong demand tailwindChart View (Weekly Timeframe)
Price is consolidating between ₹370–₹410
Strong resistance around ₹410–₹420
Support zone near ₹350–₹360
Price is trading:
Around 50 EMA (short-term control)
Above 100 & 200 EMA → long-term uptrend intact
Forming a Double Bottom formation
Structure:
Big rally → Distribution → Now range accumulation
👉 This looks like a base-building phase after a strong uptrend
Bullish Scenario (High Probability if breakout comes)
Weekly close above ₹410
Target zones:
₹450 (pre
INDOTECH : DOUBLE BOTTOM FORMATIONThe stock NSE:INDOTECH has witnessed a significant downfall over the past sessions, indicating sustained bearish pressure. However, price action now suggests that it is nearing the completion of a Double Bottom pattern — a classic bullish reversal structure.
The formation of two consecutive lows around a similar price zone indicates strong support and potential exhaustion of selling momentum. Currently, the price is approaching the neckline, and a decisive breakout above this level would con
INFQ: Quantum BreakthroughInfleqtion builds neutral atom quantum computers so governments, banks and defense corporations worldwide can access next generation computing. The company trades on NYSE and everyone who understands quantum technology is watching because this is no longer about futurology but about real contracts with NASA, Lockheed Martin and the DoD today.
Fundamentals
On April 8 2026 the company presented full year 2025 results. Q4 revenue reached 10.79 million dollars with last twelve months revenue at
3 patterns on TASI Chart.TASI Analysis
Closed at 10488.910 (02-03-2026)
I found 3 patterns on TASI Chart.
1. Bullish Flag Pattern (Bullish Pattern) - Breakout above 13700
with Good Volumes may target 19000 - 19700.
2. Falling Wedge with Double Bottom (Bullish Pattern) - Important
to Cross 11800 to start printing HH HL.
3. Head & Shoulders Pattern (Reversal Pattern) - if 10500 is not
sustained, we may witness 7200 - 7800; with immediate
support around 9200 - 9900
A Very Important Support Zone is the Golden Pocket
Technical Analysis – PayPal Holdings Inc (PYPL)After reaching the $300 area, PayPal formed a double top pattern, which triggered a long-term bearish phase resulting in an overall decline of approximately -87%.
Long-term bearish structure:
Market Structure & Volume Analysis
The downtrend found support at the major POC (Point of Control based on the full historical volume profile), a key equilibrium level.
Following this:
a short-term double bottom was formed
price reacted with a bounce
the move stalled around the midpoint of th
pre/post mkt activityseems to be the state of the market. manipulation happens and you have to use pre & post market to navigate.
so what do we think? range since Q4 & knee jerk reactions at key levels.
anyway... double bottom? will we rally friday?
next week... EOM (end of month) & new month begins.
careful
BSE LONGIn such negative sentiment market, BSE has been showing continues strength. Look at the chart if the trendline is broken and a close above this trendline is given. BSE may show more upside to fill the gap. Hence this can be a double bottom buy with a gap fill trade.
Entry- After a close above trendline, look for an entry for at levels 2858 to 2864.
SL- 2775.
Target- 2950, 2980, 3000.
Disclaimer- This is just for educational purpose. Remember only a close above the trendline will validate th
BTC Bullish Short term trendBullish 1H double bottom case: Recent dip formed twin lows near 74,000–74,100 (classic W-pattern), neckline breakout already occurred with green candles confirming reversal. Volume likely increased on second bottom test + bounce. Targets neckline projection to ~76,000–76,400 (measured move from pattern height).
4H retest of 76,400: Strong momentum from lower support (green bars dominating recent candles), holding above rising trendline / 71,100–70,800 demand zone. Bullish continuation targets 7
PROVE/USDC – Potential Reversal & Short-Term Upside ScenarioAfter a prolonged downward move, price may be stabilizing and forming a short-term higher-low structure. If bullish momentum continues and price holds above the current support area, a move toward nearby resistance zones is possible, with further upside potential. Invalidation remains below recent lows.
#UKOIL — Cycle Update: Double Bottom Holds, $95 Target ReinforceHi guys! 👋
🔔 Since the original double bottom analysis, price action has continued to develop within the same broader technical framework — recent developments have not altered the primary thesis but have materially strengthened it on both technical and fundamental grounds.
🔔 The critical static support zone at $68.4 – $69.2 was directly tested on February 24, 2026. Despite sustained dynamic resistance from the upper band of the parallel channel capping price since February 20, buyers responde
Mastering double tops and bottoms: avoid the falling knife trap!Every beginner wants to catch reversals, but most end up catching falling knives and top-ticking altcoins right before they rug your soul.
So let's talk about one of the cleanest, most classic reversal tools we have: the double top and double bottom - and what actually confirms them on crypto.
Because two bumps on the chart is not a pattern yet. It's just chaos with confidence.
What is a double bottom / double top in normal human language?
Double bottom
Picture a W at the end of a downtre























