BRITANNIA — Double Bottom

Britannia Industries Limited · Two successful defences of the same low, separated by a rally — the classic W.

Forming CMP ₹5,186.00 Scanned 2026-09-01

Double Bottom · Daily candles

Bullish
BRITANNIA double bottom pattern on daily candles with boundaries, swing pivots and target marked
Formation Double Bottom
StateForming
Building since2026-07-14
Boundary touches3
Upside trigger₹5,690
Away from trigger9.7%
Target if it triggers ≈₹6,198 +20%
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.

Trigger. A close above the neckline — the high between the two lows.

Target. Measure from the lows up to the neckline and project that distance above the neckline.

Invalidation. A close below the twin lows.

Symmetrical Triangle · Weekly candles

Neutral
BRITANNIA symmetrical triangle pattern on weekly candles with boundaries, swing pivots and target marked
StateForming
Building since2026-04-26
Boundary touches4
Upside trigger₹5,646
Downside trigger₹5,172
Away from trigger8.9%
Target if it triggers ≈₹6,612 +28%

Trigger. A close above the neckline — the high between the two lows.

Target. Measure from the lows up to the neckline and project that distance above the neckline.

Invalidation. A close below the twin lows.

🔗 More on BRITANNIA
📐 Other stocks forming a double bottom
Stock TF State CMP Trigger Away Target Touches
PVRINOXPVR INOX LimitedWeekly ▲ Broken out ₹1,227 ₹1,110 broken ₹1,294 (+6%) 3
CRISILCRISIL LimitedWeekly ▲ Broken out ₹4,838 ₹4,250 broken ₹4,725 met 3
ANANDRATHIAnand Rathi Wealth LimitedDaily ▲ Broken out ₹2,205 ₹2,176 broken ₹2,350 (+7%) 3
UNIONBANKUnion Bank of IndiaWeekly ▲ Broken out ₹186 ₹178 broken ₹202 (+9%) 3
AUROPHARMAAurobindo Pharma LimitedWeekly ▲ Broken out ₹1,691 ₹1,550 broken ₹1,733 (+2%) 3
UNITDSPRUnited Spirits LimitedWeekly ▲ Broken out ₹1,484 ₹1,414 broken ₹1,618 (+9%) 3
UNOMINDAUNO Minda LimitedWeekly ▲ Broken out ₹1,280 ₹1,137 broken ₹1,266 met 3
ICICIBANKICICI Bank LimitedWeekly ▲ Broken out ₹1,438 ₹1,393 broken ₹1,599 (+11%) 3
INDIANBIndian BankWeekly Bullish ₹885 ₹885 0.0% ≈₹1,001 (+13%) 3
HALHindustan Aeronautics LimitedWeekly Bullish ₹4,804 ₹4,809 0.1% ≈₹5,468 (+14%) 3
NXSTNexus Select TrustWeekly Bullish ₹168 ₹166 1.1% ≈₹182 (+8%) 3
COCHINSHIPCochin Shipyard LimitedWeekly Bullish ₹1,493 ₹1,551 3.9% ≈₹1,745 (+17%) 3

See every double bottom found today →

How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.

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