DOUBLE BOTTOM PATTERN

Stock Radar: Tata Motors PV stock forms double bottom pattern; time to buy?

Tata Motors Passenger Vehicle stock has formed a double bottom pattern around Rs 330, suggesting a potential upside. Experts recommend buying the stock for a target of Rs 388 in the coming weeks, with a stop loss below Rs 349. The stock has shown positive momentum with a buy signal from the supertrend indicator.

Stock Radar: Max Healthcare stock showing signs of bottoming out; check target & stop loss

Max Healthcare stock is showing signs of recovery after forming a double bottom pattern. Experts suggest short-term traders can consider buying the stock. A potential technical bounce back towards 1350 levels is anticipated in the coming months. The stock has found support in the 1050-1070 zone, indicating a possible upward trend.

Tech Mahindra Ends Corrective Phase, Triggers Fresh Buying Opportunity

Bharat Forge reclaims 200-DMA; RSI, MACD confirm bullish momentum

Stock Radar: Kirloskar Brothers stock down 30% from highs, but double bottom pattern signals bullish reversal

Kirloskar Brothers Limited is showing signs of recovery. The stock formed a double bottom pattern, indicating a potential trend reversal. Experts suggest a buy for short-term traders. The target is Rs 2,200 in 3-4 months. The stock is trading above key moving averages. The RSI is at 65, showing positive momentum. A breach of Rs 1,850 could validate the uptrend.

F&O Radar | Deploy Bull Call Spread in Oberoi Realty for gains from bullish outlook

Oberoi Realty's shares, currently at Rs 1,592, are showing bullish reversal signs with Double Bottom and Descending Triangle patterns. A sustained move above Rs 1,600 could trigger a rally towards Rs 1,650-Rs 1,700. Analysts suggest a Bull Call Spread strategy, supported by options data indicating strong support at Rs 1,560 and resistance at Rs 1,600.

Stock Radar: HEG now looking attractive on charts after 32% fall from highs! Time to buy or hold?

HEG Ltd has shown a bullish trend after breaking out from a double bottom pattern in March 2025, indicating further upside potential. The stock, which hit a high of Rs 619, closed at Rs 419, and experts suggest it might rebound to Rs 550 if the momentum continues.

Stock Radar: A telecom stock breaks out of a Double Bottom Pattern – Is a big rally ahead?

Indus Towers Ltd, a telecom infrastructure leader, is trading above the breakout neckline of a Double Bottom pattern. Experts suggest short-term traders consider buying with a target of Rs 400-420 in 1-2 months. Despite hitting a high of Rs 460 in September 2024, the stock closed at Rs 363 in February 2025, reflecting a 21% decline.

Stock Radar: What makes Maharashtra Seamless a buy after 28% fall from highs

The iron and steel producer peaked at Rs 1,099 on January 30, 2024, but dropped over 28% to close at Rs 781 on December 11. The stock found support near Rs 560 in August and October, forming a Double Bottom pattern, and recently broke above the falling trendline resistance with strong volumes.

F&O Radar: Deploy Bull Call Spread in Divis Lab from potential bullish reversal

Divis Laboratories is nearing a breakout level of Rs 6,145, supported by strong volumes and positive divergence. A bullish trend is indicated, with upside targets of Rs 6,500-6,600.

Stock Radar: Uno Minda up 50% in 1 year; stock forms Double Bottom pattern on daily charts; time to buy?

Uno Minda Ltd, an aerospace industry player, shows potential for a price surge. Experts suggest a buying opportunity for high-risk traders if the stock closes above Rs 1,050. This could lead to a target price of Rs 1,175-1,255 within the next four to six weeks. The stock, forming a Rounding Accumulation pattern, indicates a potential upward trend reversal.

Uno Minda bounces back after forming Double Bottom pattern; time to buy?

Stock Radar: HDFC Life Insurance forms Double Bottom pattern; could see 10% upside in next 2-3 months

HDFC Life Insurance is gaining momentum with a Double Bottom pattern on daily charts. A breakout above Rs 730 may propel the stock to Rs 800. Experts suggest bullish trends with support also seen from technical indicators. The stock found support around Rs 700 in the recent months.

Stock Radar: Bank of Baroda forms double bottom pattern on daily charts; time to buy?

This stock reached a peak price of Rs 298 on June 3rd, 2024, but then began to decline. By July, it had fallen below both its 50-day and 200-day moving averages, a bearish signal. Although the stock briefly recovered and climbed back above its 50-day moving average in August, this upward movement was short-lived. Overall, the stock is currently trading over 16% lower than its June high.

Stock Radar: Double Bottom pattern makes Bayer Cropscience an attractive buy; upside potential up to 16%

Bayer Cropscience Ltd, an agrochemical stock, exhibits strong bullish momentum with potential for record highs above 7000 levels, supported by key technical indicators like moving averages, RSI, and MACD.

Chart Check: This metal stock breaks out from double bottom pattern; time to buy?

The stock closed at Rs 111 on 12th July 2023, and also managed to close above the 50-DMA which is the short-term moving average. The Supertrend indicator also triggered a buy on the daily charts.

Stock Radar: 16% in a week! This smallcap firm gave a breakout from Double Bottom pattern. Time to buy?

The stock which is also part of the S&P BSE Smallcap index rose from Rs 143.90 as on 13 April 2023 to Rs 166.30 recorded on 21 April 2023 – which translates into an upside of about 16% in a week. The stock rose more than 26% in a month. The momentum helped the stock to hit a fresh record high of Rs 168 on 21st April. The neckline of the Double Bottom resistance was placed around 160 levels.

Chart Check: Breakout from double bottom pattern makes this two-wheeler maker an attractive buy; could hit record highs

The relative strength index (RSI) is at 64.8. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

Stock Radar: Sweeten your portfolio with this sugar stock which could give up to 18% return in short term

Traders who missed the rally can look at buying the stock on dips for a potential target of Rs 465 in the next 4-6 weeks, suggest experts

Chart Check: This midcap stock from airport space could double in next 2-3 quarters of 2023

“Midcap stocks is the flavour of this quarter, so we have selected the best of the pack. GMR Infra on the quarterly charts has tested the levels of 10 twice (30.09.2013 & 30.12.2016 quarter) & has formed a double bottom pattern,” Sujit Deodhar, Head - Technical Analyst, Wellworth Share & Stock Broking, said.

Chart Check: This airline stock records breakout from double bottom pattern; time to buy?

Short-term traders can look to buy the stock now or on dips for a possible target of Rs 2,380 in the next 1-2 months which will surpass its current 52-week high of Rs 2,379 recorded back in November 2021, suggest experts.

Chart Check: This telecom stock gave a breakout from double bottom pattern; on track to hit fresh record highs

A break above the neckline of the pattern placed above Rs 700 levels suggests that bulls are in control, and if the momentum sustains, we could see fresh record highs in the next 1-3 months, suggest experts.

Chart Check: 30% in a month! This capital goods stock just gave a breakout from double bottom pattern

On the weekly timeframe prices were in a strong uptrend from May 2020, Post September 2021 prices witnessed a pause in the trend. Prices are currently trading at its all-time high level which indicates that prices are in a strong momentum.