INDOTECH : DOUBLE BOTTOM FORMATIONIndo Tech Transformers Ltd.NSE:INDOTECHVanshikaUdeshiThe stock 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 confirm the pattern and signal a possible trend reversal. 🔹 Trade Setup: Entry: After a confirmed breakout above the neckline Target: 2100 – 2200 Stop Loss: Low of the breakout candle 📌 Patience is key — avoid early entries and wait for a strong breakout confirmation with volume support. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute any buy or sell recommendation.