PatternChartTrader

Dalbharat - Falling Wedge

Education
NSE:DALBHARAT   DALMIA BHARAT LTD
Preceding Trend: Up
Time Frame: Daily Chart


Pattern: Falling Wedge Breakout
Bullish Reversal

Observation:
Breakout of down trend line
Closing outside falling wedge
Breakout on decent volumes

15% potential upside from breakout
Pattern fails, if price closes below Falling wedge low

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