BATAINDIA

- A falling Wedge of 3 years

This has been one of he top performers which is in secondary trend since 2022 after a bull run from 2015 - 2021. So what is a falling wedge? When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line Keep an eye on

as its at lower support trendline