Eve-Adam Pattern Forming? A Rare Double Bottom Pattern Explained

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📉 Pattern Study (Not a Buy/Sell Tip/Not Forecasting anything)

On the weekly chart of Mamata Machinery Ltd, we’re potentially witnessing a classic yet uncommon pattern — the Eve-Adam Double Bottom.

🔍 What is the Eve-Adam pattern?
🧑‍🦰 Eve Bottom: Broad, rounded, and forms slowly with increased volume — showing gradual accumulation.
👦 Adam Bottom: Sharp, V-shaped recovery with relatively lower volume — a quick retest signaling renewed demand.

📈 What makes this setup notable?
-A clear Eve structure formed over several weeks.
-Volume started rising visibly into the breakout, especially during the right-side thrust.
-A possible Adam leg is being projected based on the symmetry of the pattern.

🟡 Additionally, a rounding base / cup-like structure preceded this, which may act as a broader accumulation phase.

🔄 This isn’t a forecast or trade call. It’s simply a chart observation intended for pattern study and educational analysis.

📚 Patterns like these are rare — but when supported by volume confirmation, they deserve attention from a learning standpoint.



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