Flash Finance

SBIN — Triple Bottom

State Bank of India · Three successful defences of the same low — a base with more proof behind it than a double bottom.

Forming CMP ₹1,041.60 Scanned 2026-09-01

Triple Bottom · Daily candles

Bullish
SBIN triple bottom pattern on daily candles with boundaries, swing pivots and target marked
Formation Triple Bottom
StateForming
Building since2026-07-14
Boundary touches5
Upside trigger₹1,124
Away from trigger8.0%
Target if it triggers ≈₹1,248 +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 drawn through the intervening highs.

Target. Project the height from the lows to the neckline up from the break.

Invalidation. A close below the three lows. A floor that fails on the third test usually fails badly.

Double Bottom · Weekly candles

Bullish
SBIN double bottom pattern on weekly candles with boundaries, swing pivots and target marked
Formation Double Bottom
StateForming
Building since2026-04-05
Boundary touches3
Upside trigger₹1,121
Away from trigger7.6%
Target if it triggers ≈₹1,308 +26%

Trigger. A close above the neckline drawn through the intervening highs.

Target. Project the height from the lows to the neckline up from the break.

Invalidation. A close below the three lows. A floor that fails on the third test usually fails badly.

🔗 More on SBIN
📉 Support & resistance 📊 RSI, MACD & indicators 🏢 Stock analysis 📅 Seasonality
📐 Other stocks forming a triple bottom
Stock TF State CMP Trigger Away Target Touches
KOTAKBANKKotak Mahindra Bank LimitedDaily ▲ Broken out ₹428 ₹414 broken ₹465 (+9%) 5
ENGINERSINEngineers India LimitedWeekly ▲ Broken out ₹282 ₹265 broken ₹313 (+11%) 5
WONDERLAWonderla Holidays LimitedWeekly ▲ Broken out ₹539 ₹522 broken ₹589 (+9%) 5
MANYAVARVedant Fashions LimitedWeekly ▲ Broken out ₹544 ₹457 broken ₹497 met 5
HARSHAHarsha Engineers International LimitedWeekly ▲ Broken out ₹450 ₹431 broken ₹504 (+12%) 5
ENDURANCEEndurance Technologies LimitedWeekly ▲ Broken out ₹2,864 ₹2,771 broken ₹3,135 (+9%) 5
TITANTitan Company LimitedWeekly ▲ Broken out ₹5,044 ₹4,605 broken ₹5,385 (+7%) 5
APLAPOLLOAPL Apollo Tubes LimitedDaily ▲ Broken out ₹2,245 ₹1,930 broken ₹2,038 met 5
JINDALSTELJINDAL STEEL LIMITEDDaily ▲ Broken out ₹1,169 ₹1,074 broken ₹1,138 met 5
LTFOODSLT Foods LimitedWeekly Bullish ₹440 ₹440 0.0% ≈₹521 (+18%) 5
BIRETBrookfield India Real Estate TrustDaily Bullish ₹342 ₹342 0.1% ≈₹372 (+9%) 5
PNBPunjab National BankWeekly Bullish ₹116 ₹116 0.1% ≈₹133 (+15%) 5

See every triple 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.

⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.