Long
Dhfl - Double bottom and rising wedge breakdown REVERSAL ?
Updated
Scrip has shown some sign of reversal with green candlestick engulf at the downtrend although the real body of green candlestick closed at below of preceeding candlestick so will wait for further confirmation before entering at entry range defined in chart towards resistance levels
Note
Although fundamentally strong company showing growth YoYlivemint.com/Companies/fI2atoLDBURpGVqC5X5ZrI/DHFL-Q1-profit-grows-29-to-Rs260-crore.html
However, One needs to take care of Nifty bearish trend if it persists as seen during past sessions, which can victimize the scrip bullish possibility
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