#Artefact – 17Y Pattern in Play | Big Base Forming?

🔎 #OnRadar

📌 #Artefact (Artefact Projects Ltd.)

CMP: 74.06

📈 Technical Outlook (Yearly Chart):

Stock has been consolidating within a large #MotherBar formed in 2008, with a range of 255.25 – 21.05.

Currently displaying a classic #RoundingBottom formation on the yearly timeframe — a long-term bullish pattern indicating accumulation.

🎯 Potential Upside Levels (Post Breakout):

Rounding Bottom Target: 255 (approx.)

MotherBar Breakout Targets (on closing basis above ₹255.25): 370 / 480+

📌 Note:
This is a technical observation and not a recommendation. Please consult your financial advisor before making any investment decisions.

#LongTerm | #TechnicalPatterns | #MotherBar | #RoundingBottom | #ChartAnalysis