Rounding bottom

$BHEL A Rounding Bottom Breakout is a bullish chart pattern that signals the completion of a gradual trend reversal from a downtrend to an uptrend. The pattern forms when the price creates a smooth, U-shaped bottom, indicating that selling pressure is gradually fading and buyers are steadily gaining control. A breakout occurs when the price closes decisively above the resistance level (the neckline) of the rounding bottom, confirming the pattern and suggesting the start of a new bullish trend. The breakout is considered more reliable when supported by strong trading volume, and the breakout level often acts as a support zone during any subsequent pullback before the price resumes its upward movement.