NIFTY may have hit the bottom

Sorry, I posted earlier and ended up deleting it later. I had posted in this group back in Nov & Dec that NIFTY is expected to decline down to 22700 levels. NIFTY since dropped down to 22769 on 27-Jan, limped up and again hit a low of 22798 today (12/02). This forms a double bottom, which is a bullish pattern. Furthermore, RSI on one hour chart would suggest that the markets hit a bottom today. The next few days should confirm the above, but it's highly likely that we hit the bottom already.