Bharat Rasayan–Falling Wedge Breakout with 39% Upside Potential!

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Hello Everyone, i hope you all will be doing good in your life and your trading as well! Today i have brought a post which is on Bharat Rasayan – a classic case of a falling wedge breakout.

After staying in a falling wedge pattern for nearly 10 months, the stock has finally broken out with a strong bullish candle and a clear volume spike. This breakout zone (9900–10200) also aligns with the downtrend line, making it even more valid.

The best part? This has participated in rally yet, means there is a lot remain in this stock, please check chart above for entry, stop loss and targets.

This setup is based on price action, chart structure, and previous pattern behavior. If you’re a swing or positional trader, this one’s worth watching!

If you liked this idea, don’t forget to LIKE & FOLLOW for more clean, technical setups.

Disclaimer: This idea is for educational purposes only. Do your own research before taking any trade.

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Stock has reached 1st Target successfully. Now it should head towards 2nd targets soon.