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DEL Rising Wedge breakdown — 30 Min chart signal
Dawood Equities Limited
30 Min 16 Oct 2026 · 10:00 PKT
Close
16.80
▼ 4.00%
Rising Wedge breakdown
Pattern breakout With the trend
DEL broke below its rising wedge on the 30-minute close at 16.80.
Projected target 16.22 (-3.5%). The pattern is invalidated beyond 17.98 (+7.0%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 26.74). Nearest demand OB 16.30 - 16.47, supply OB 18.87 - 19.00.
More for DEL
DEL company page →Rising Wedge breakdown
DEL broke below its rising wedge on the 30-minute close at 16.80.
16 Oct 2026 · 09:30 PKT Pattern breakout
Rising Wedge forming
DEL is compressing inside a rising wedge on the 30-minute chart - 5 swing points, 7.5x ATR wide at the start.
16 Oct 2026 · 09:30 PKT Chart pattern
Falling Wedge breakout
DEL broke above its falling wedge on the 30-minute close at 16.79.
14 Oct 2026 · 15:00 PKT Pattern breakout
Falling Wedge forming
DEL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 7.4x ATR wide at the start.
13 Oct 2026 · 13:00 PKT Chart pattern