On the weekly timeframe, Dalmia Bharat has reversed its pattern by breaking out of a falling parallel channel—marking a shift from a corrective section to a bullish pattern.
This reversal is supported by a major rise in quantity, indicating sturdy shopping for curiosity at present ranges.
The inventory is now buying and selling above all main Exponential Transferring Averages (9, 21, 50, 100, and 200), reinforcing the bullish view.
Moreover, the Relative Energy Index (RSI) has damaged above its falling trendline, aligning with the worth motion and indicating strengthening momentum.
From a directional motion perspective, the DI+ is buying and selling above the DI-, signaling an uptrend. The ADX additionally buying and selling above the DI- highlights the power of this transfer.
