Home / Markets / News / Midcap Marico, 5 smallcap stocks with 'Double Bottom' pattern on charts
Midcap Marico, 5 smallcap stocks with 'Double Bottom' pattern on charts
Among smallcaps - Natco Pharma, Neuland Laboratories, Inox India, Welspun Living and GE Shipping shares have witnessed the formation of 'Double Bottom' pattern on the technical charts.
Stocks with Double Bottom pattern on charts: Marico, Natco Pharma, Neuland Labs, Inox India, Welspun Living and GE Shipping. (Photo: Shutterstock.com)
2 min read Last Updated : Dec 15 2025 | 11:07 AM IST
Technical charts show that one midcap and 5 smallcap stocks have witnessed the formation of 'Double Bottom' in recent trading sessions. In general, a 'Double Bottom' pattern is said to be a bullish (positive) reversal pattern as per technical analysis. The 'Double Bottom' pattern resembles the letter 'W' on a price chart, wherein the recent lows are either identical or at close levels. An analysis of the Nifty MidCap 150 and Nifty SmallCap 250 stocks show that midcap Marico and 5 smallcaps namely - Natco Pharma, Neuland Laboratories, Inox India, Welspun Living and Great Eastern Shipping Company shares have witnessed the formation of 'Double Bottom' pattern on the technical charts. Here's a look at these 6 stock charts:
Marico
Current Market Price: ₹735
Double Bottom around ₹707 on Nov 7, 2025 & Dec 4, 2025.
Natco Pharma
Current Market Price: ₹910
Double Bottom around ₹865 on Nov 28, 2025 & Dec 10, 2025.
Neuland Laboratories
Current Market Price: ₹16,263
Double Bottom around ₹15,850 on Dec 2, 2025 & Dec 8, 2025.
Welspun Living
Current Market Price: ₹136
Double Bottom around ₹128 on Nov 25, 2025 & Dec 8, 2025.
Inox India
Current Market Price: ₹1,139
Double Bottom around ₹1,108 on Nov 19, 2025 & Dec 9, 2025.
GE Shipping Company
Current Market Price: ₹1,117
Double Bottom around ₹1,057 on Nov 25, 2025 & Dec 9, 2025.