India, Oct. 28 -- A descending triangle is a technical chart pattern signalling a potential downward move when price breaks down from the horizontal support line. It forms when a stock repeatedly bounces off a horizontal support level while making progressively lower highs along a downward-sloping upper trendline. This pattern highlights building selling pressure, as bears aggressively push prices down faster after every bounce. The pattern is confirmed when the stock price decisively breaks below the horizontal support line, a technical trigger that traders widely interpret as a sell signal.

AWL Agri Business Ltd Chart: Daily Timeframe AWL_2076161_2026-10-28_10-04-39

The above chart clearly shows a descending triangle pattern, with th...