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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.

Stocks with Double Bottom pattern on charts: Marico, Natco Pharma, Neuland Labs, Inox India, Welspun Living and GE Shipping. (Photo: Shutterstock.com)

Rex Cano Mumbai

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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. 

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First Published: Dec 15 2025 | 11:00 AM IST

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