India, Nov. 6 -- A descending triangle is a bearish technical chart pattern indicating a potential price breakdown. It forms when a stock repeatedly bounces off a flat horizontal support level while making continuous lower highs along a downward-sloping trendline. This pattern signals growing selling pressure, as bears aggressively push prices lower after each attempt to make highs. Generally, traders monitor this pattern closely for confirmation: a breakdown below the horizontal support line serves as a clear sell signal, indicating that bears have overwhelmed buyer demand and that the downward momentum is likely to continue.

Aptus Value Housing Finance India Ltd Chart: Daily Timeframe APTUS_1391361_2026-11-06_10-09-38

The above chart...