{"id":27965,"date":"2026-02-17T14:12:16","date_gmt":"2026-02-17T08:42:16","guid":{"rendered":"https:\/\/signalz.pro\/?post_type=article&#038;p=27965"},"modified":"2026-02-17T14:12:16","modified_gmt":"2026-02-17T08:42:16","slug":"indegene-double-bottom-breakout-setup-daily-chart","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/indegene-double-bottom-breakout-setup-daily-chart\/","title":{"rendered":"Indegene \u2013 Double Bottom Breakout Setup (Daily Chart)"},"content":{"rendered":"<p>Indegene \u2013 Double Bottom Breakout Setup (Daily Chart)<\/p>\n<p>After a sustained downtrend, the stock has formed a double bottom structure (Bottom 1 &amp; Bottom 2) near \u20b9455\u2013\u20b9465 zone, followed by a strong recovery candle with rising volume.<\/p>\n<p>\ud83d\udd0e Technical Observations:<\/p>\n<p>Strong demand visible around \u20b9450\u2013\u20b9460<br \/>\nHigher low formation after second bottom<br \/>\nPrice attempting to reclaim short-term resistance near \u20b9500<br \/>\nBreak above minor descending trendline<br \/>\nMACD turning positive with bullish crossover<br \/>\nRSI recovering above 50 \u2192 momentum shift starting<\/p>\n<p>\ud83d\udd11 Key Levels to Watch:<\/p>\n<p>Immediate Resistance: \u20b9500\u2013\u20b9510<br \/>\nMajor Breakout Level: \u20b9520<br \/>\nImmediate Support: \u20b9485<br \/>\nStrong Support: \u20b9455\u2013\u20b9465<\/p>\n<p>\ud83d\ude80 Sustained breakout above \u20b9520 can open upside towards:<\/p>\n<p>\u20b9550<br \/>\n\u20b9575\u2013\u20b9580 (as marked target zone)<br \/>\nStructure suggests early reversal signs. Confirmation above \u20b9500\u2013\u20b9520 zone is crucial for continuation.<\/p>\n<p>\u26a0\ufe0f Risk management below \u20b9455 on daily closing basis.<br \/>\nFor educational purposes only. Not a buy\/sell recommendation.<\/p>\n<p>\u2014 AALGO BREATHS<\/p>\n","protected":false},"template":"","article-category":[],"article-tags":[400,128],"class_list":["post-27965","article","type-article","status-publish","hentry","article-tags-technicalanalysis","article-tags-sebi-registered-analysts"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/27965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=27965"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=27965"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=27965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}