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Divi's Lab has formed Rising Wedge pattern

NSE:DIVISLAB   DIVI'S LABORATORIE
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Divi Lab has progressively formed a Rising Wedge pattern on daily candlestick . Apex of rising wedge is at 1771. Rising wedge is a reversal pattern from bullish to bearish . Height at the base of rising wedge is 170pts. According to Bulkowski, rising wedge has culminated into bearish movement in 69% of cases and on average the fall has been 58% to 64%. Thus, minimum 100 points fall can be estimated

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