PATIL AUTOMATION inverted H&SPatil Automation Ltd.NSE:PATILAUTOMTechnicalAnalystSucritThis is a weekly candlestick stock chart for Patil Automation Ltd. (PATILAUTOM), analyzed on the TradingView platform. ## Key Technical Aspects * Chart Type: Weekly (1W) candlestick chart. * Price Movement: The stock experienced a major correction from mid-2025, bottomed out in early 2026, and has since staged a sharp recovery back to its previous resistance levels. * Chart Pattern: The green dashed lines highlight a classic bullish Inverse Head and Shoulders reversal pattern. * Left Shoulder: Bottomed out around late October 2025 near ₹155. * Head: The lowest point of the correction, bottoming out in April 2026 near ₹110. * Right Shoulder: Formed a higher low around August 2026 near ₹171. * Neckline & Breakout: The horizontal dashed line near ₹212 serves as the neckline. The stock has decisively broken above this neckline with strong bullish momentum. * Current Status: The price is currently trading near ₹251.00, approaching a major historical resistance zone marked by the yellow line at ₹268.90. If you are planning an entry or exit, let me know if you would like me to help calculate the pattern's technical target price or identify key support levels for risk management.