The double bottom pattern, a bullish reversal signal, resembles a "W" shape, indicating strong support. Reliance and Bajaj Auto stocks recently exhibited this pattern, suggesting potential upward ...

Technical analysts are always on the lookout for double top and double bottom patterns. Many traders and investors believe that these patterns are among the most reliable at predicting price moves.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 23, 2018.REUTERS/Brendan McDermid A double bottom pattern may signal the end of the S&P 500's downtrend.

The stock has been a clear underperformer of 2021 but the formation of a double bottom pattern on the weekly charts suggests that we could see a bounce back towards Rs 163 in the next 3-4 weeks, ...