DALMIA BHARAT Bullish GARTLEY active

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DALMIA BHARAT Bullish GARTLEY active Dalmia Bharat Ltd.NSE:DALBHARATwavesmonkDALMIA BHARAT 1841 The Bullish Gartley Pattern is a classic bullish reversal signal in technical analysis, often appearing at the end of a downtrend. It consists of four price swings: XA: The initial sharp decline. AB: A retracement into 61.8% of XA. BC: A further retracement into 78.6% of XA. CD: The final rally into the 113%–161.8% projection of BC. The pattern is identified by the convergence of Fibonacci levels at point D, which serves as a key reversal zone. Traders typically enter long positions at point D, anticipating a bullish reversal, with stop-losses placed just below point D to mitigate risk.