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Indian stock market · chart pattern
Double bottom on IndusInd Bank
On IndusInd Bank the double bottom showed up 26 times. The target came first 23% of the time, the stop 58%, and 19% went nowhere within 12 candles.
Counted on IndusInd Bank: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 13 | 31% | 31% | 38% |
| Hourly | 13 | 15% | 85% | 0% |
IndusInd Bank against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| IndusInd Bank | 26 | 23% | 58% | 19% |
| All Indian stock market charts | 684 | 40% | 56% | 4% |
| Every market | 4,672 | 37% | 57% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 3 | 0% | 33% |
| 2018 | 3 | 0% | 0% |
| 2025 | 9 | 11% | 89% |
| 2026 | 3 | 33% | 67% |
The last 8 times
- 20 Mar 2026, 10:15 IST · hourly · stop first after 2 candles
- 18 Mar 2026, 11:15 IST · hourly · stop first after 5 candles
- 1 Jan 2026 · daily · target first after 3 candles
- 5 Dec 2025, 12:15 IST · hourly · stop first after 4 candles
- 4 Dec 2025, 10:15 IST · hourly · stop first after 2 candles
- 27 Nov 2025, 14:15 IST · hourly · stop first after 11 candles
- 27 Nov 2025, 11:15 IST · hourly · stop first after 1 candle
- 27 Jun 2025, 11:15 IST · hourly · stop first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the double bottom is
Two lows at the same level, then a break above the peak between them.
Jump on a trampoline and you sink to the same low spot twice, but the second push sends you higher than before. A double bottom looks like the letter W: two lows at the same level with a hill between them. When price climbs above that hill, the W is complete.
The full double bottom lesson, video and quiz ›
Other patterns on IndusInd Bank
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · MACD bullish cross · EMA 9/21 bullish cross · all of them
The double bottom elsewhere
Nestle India · EUR/JPY · Ethereum · Bitcoin
Questions
How often does the double bottom work on IndusInd Bank?
In 26 cases on IndusInd Bank, the target (1.5 × ATR) came before the stop (1 × ATR) 23% of the time and the stop came first 58%; 19% went nowhere within 12 candles.
What is the double bottom?
Two lows at the same level, then a break above the peak between them.