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THREETREND RESEARCH

18th Feb · SEBI-Registered Analyst

HINDCOPPER
A rounding bottom is a long-term bullish chart pattern that forms after a downtrend, where price gradually shifts from selling pressure to buying interest in a smooth, curved shape (like a “U”). It shows that bears are slowly losing control while buyers are quietly accumulating, leading to stabilization and then a steady rise. Volume is usually low near the bottom and starts increasing as price moves upward, and a confirmed breakout above the resistance level signals a potential trend reversal from bearish to bullish.

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