Descending Channel Pattern
A steady downtrend held between two parallel falling lines.
Bearish
Continuation pattern
53 stocks showing it now
Scanned 2026-10-16
Shows the chart pattern on any stock we chart, or tells you there isn't one today.
📊 Stocks forming a descending channel right now
Showing 53 of 53. Trigger is the price a daily close must clear for the pattern to complete; Target is the measured move it projects, marked ≈ while the break has not happened yet.
| Stock | TF | State | CMP | Trigger | Away | Target | Touches |
|---|---|---|---|---|---|---|---|
| DMARTAvenue Supermarts Limited | Weekly | Bearish | ₹3,342.00 | ₹3,322.20 | 0.6% | ≈₹2,691.88 (-19%) | 8 |
| INDRAMEDCOIndraprastha Medical Corporation Limited | Weekly | Bearish | ₹320.05 | ₹314.56 | 1.7% | ≈₹250.58 (-22%) | 7 |
| SANOFISanofi India Limited | Weekly | Bearish | ₹2,942.10 | ₹2,884.39 | 2.0% | ≈₹2,370.68 (-19%) | 5 |
| ICICIPRULIICICI Prudential Life Insurance Company Limited | Weekly | Bearish | ₹445.00 | ₹435.20 | 2.2% | ≈₹363.74 (-18%) | 5 |
| VMMVishal Mega Mart Limited | Weekly | Bearish | ₹96.00 | ₹93.24 | 2.9% | ≈₹79.31 (-17%) | 7 |
| UTIAMCUTI Asset Management Company Limited | Weekly | Bearish | ₹869.90 | ₹843.63 | 3.0% | ≈₹671.69 (-23%) | 5 |
| BRITANNIABritannia Industries Limited | Weekly | Bearish | ₹4,764.00 | ₹4,617.23 | 3.1% | ≈₹3,751.56 (-21%) | 6 |
| RELIGAREReligare Enterprises Limited | Weekly | Bearish | ₹220.47 | ₹213.46 | 3.2% | ≈₹167.70 (-24%) | 6 |
| GRINFRAG R Infraprojects Limited | Weekly | Bearish | ₹777.35 | ₹751.74 | 3.3% | ≈₹645.11 (-17%) | 6 |
| CANBKCanara Bank | Weekly | Bearish | ₹118.29 | ₹113.82 | 3.8% | ≈₹97.09 (-18%) | 8 |
| OBEROIRLTYOberoi Realty Limited | Weekly | Bearish | ₹1,703.00 | ₹1,632.47 | 4.1% | ≈₹1,365.46 (-20%) | 8 |
| AVLAditya Vision Limited | Weekly | Bearish | ₹570.90 | ₹546.93 | 4.2% | ≈₹462.62 (-19%) | 7 |
| STARCEMENTStar Cement Limited | Weekly | Bearish | ₹172.18 | ₹164.48 | 4.5% | ≈₹132.54 (-23%) | 6 |
| KECKEC International Limited | Weekly | Bearish | ₹352.25 | ₹336.06 | 4.6% | ≈₹274.11 (-22%) | 8 |
| BANKINDIABank of India | Weekly | Bearish | ₹132.36 | ₹125.56 | 5.1% | ≈₹108.64 (-18%) | 8 |
| OLECTRAOlectra Greentech Limited | Weekly | Bearish | ₹1,066.30 | ₹1,011.23 | 5.2% | ≈₹806.45 (-24%) | 6 |
| SUNTECKSunteck Realty Limited | Weekly | Bearish | ₹275.00 | ₹260.74 | 5.2% | ≈₹215.02 (-22%) | 7 |
| VTLVardhman Textiles Limited | Weekly | Bearish | ₹531.90 | ₹503.72 | 5.3% | ≈₹400.96 (-25%) | 8 |
| LINDEINDIALinde India Limited | Weekly | Bearish | ₹6,184.50 | ₹5,850.25 | 5.4% | ≈₹4,817.86 (-22%) | 6 |
| CDSLCentral Depository Services (India) Limited | Weekly | Bearish | ₹1,286.90 | ₹1,213.39 | 5.7% | ≈₹1,024.78 (-20%) | 8 |
| SUBROSSubros Limited | Weekly | Bearish | ₹665.20 | ₹626.65 | 5.8% | ≈₹505.63 (-24%) | 6 |
| RHIMRHI MAGNESITA INDIA LIMITED | Weekly | Bearish | ₹370.15 | ₹347.82 | 6.0% | ≈₹280.59 (-24%) | 6 |
| TSFINVTSF INVESTMENTS LIMITED | Weekly | Bearish | ₹405.25 | ₹380.66 | 6.1% | ≈₹302.21 (-25%) | 6 |
| SWSOLARSterling and Wilson Renewable Energy Limited | Weekly | Bearish | ₹165.47 | ₹155.38 | 6.1% | ≈₹129.59 (-22%) | 6 |
| ATGLAdani Total Gas Limited | Weekly | Bearish | ₹579.35 | ₹543.06 | 6.3% | ≈₹455.26 (-21%) | 5 |
| DALBHARATDalmia Bharat Limited | Weekly | Bearish | ₹1,684.40 | ₹1,575.98 | 6.4% | ≈₹1,301.49 (-23%) | 6 |
| SHARDACROPSharda Cropchem Limited | Weekly | Bearish | ₹725.35 | ₹678.06 | 6.5% | ≈₹537.22 (-26%) | 7 |
| SISSIS LIMITED | Weekly | Bearish | ₹401.50 | ₹374.80 | 6.7% | ≈₹315.75 (-21%) | 4 |
| ADANIPOWERAdani Power Limited | Weekly | Bearish | ₹195.85 | ₹182.27 | 6.9% | ≈₹155.16 (-21%) | 7 |
| APOLLOTYREApollo Tyres Limited | Weekly | Bearish | ₹408.85 | ₹380.26 | 7.0% | ≈₹301.52 (-26%) | 6 |
| NTPCGREENNTPC Green Energy Limited | Weekly | Bearish | ₹89.82 | ₹83.50 | 7.0% | ≈₹72.37 (-19%) | 5 |
| SHAKTIPUMPShakti Pumps (India) Limited | Weekly | Bearish | ₹422.75 | ₹392.83 | 7.1% | ≈₹306.56 (-27%) | 6 |
| RTNPOWERRattanIndia Power Limited | Weekly | Bearish | ₹6.54 | ₹6.07 | 7.2% | ≈₹5.10 (-22%) | 7 |
| EMAMILTDEmami Limited | Weekly | Bearish | ₹376.15 | ₹347.34 | 7.7% | ≈₹293.91 (-22%) | 8 |
| JKCEMENTJK Cement Limited | Weekly | Bearish | ₹4,923.00 | ₹4,509.46 | 8.4% | ≈₹3,697.44 (-25%) | 6 |
| HINDALCOHindalco Industries Limited | Weekly | Bearish | ₹908.00 | ₹831.20 | 8.5% | ≈₹628.13 (-31%) | 4 |
| PREMIERENEPremier Energies Limited | Weekly | Bearish | ₹901.05 | ₹824.01 | 8.6% | ≈₹668.44 (-26%) | 8 |
| TCITransport Corporation of India Limited | Weekly | Bearish | ₹864.20 | ₹787.19 | 8.9% | ≈₹637.23 (-26%) | 8 |
| GILLETTEGillette India Limited | Weekly | Bearish | ₹7,226.50 | ₹6,580.46 | 8.9% | ≈₹5,014.73 (-31%) | 6 |
| RITESRITES Limited | Weekly | Bearish | ₹209.79 | ₹187.86 | 10.5% | ≈₹153.96 (-27%) | 7 |
| GODREJINDGodrej Industries Limited | Weekly | Bearish | ₹1,044.20 | ₹935.00 | 10.5% | ≈₹773.35 (-26%) | 7 |
| GOKEXGokaldas Exports Limited | Weekly | Bearish | ₹716.20 | ₹635.32 | 11.3% | ≈₹529.55 (-26%) | 7 |
| HDFCLIFEHDFC Life Insurance Company Limited | Weekly | Bearish | ₹553.00 | ₹490.00 | 11.4% | ≈₹415.32 (-25%) | 8 |
| DABURDabur India Limited | Weekly | Bearish | ₹385.00 | ₹339.65 | 11.8% | ≈₹279.53 (-27%) | 6 |
| UPLUPL Limited | Weekly | Bearish | ₹534.65 | ₹470.26 | 12.0% | ≈₹381.59 (-29%) | 5 |
| RTNINDIARattanIndia Enterprises Limited | Weekly | Bearish | ₹25.44 | ₹22.34 | 12.2% | ≈₹17.28 (-32%) | 8 |
| BLUESTARCOBlue Star Limited | Weekly | Bearish | ₹1,567.60 | ₹1,369.57 | 12.6% | ≈₹1,082.68 (-31%) | 8 |
| PGHHProcter & Gamble Hygiene and Health Care Limited | Weekly | Bearish | ₹7,169.00 | ₹6,252.16 | 12.8% | ≈₹5,014.13 (-30%) | 4 |
| LEMONTREELemon Tree Hotels Limited | Weekly | Bearish | ₹113.42 | ₹98.06 | 13.5% | ≈₹78.52 (-31%) | 7 |
| SYNGENESyngene International Limited | Weekly | Bearish | ₹386.10 | ₹327.50 | 15.2% | ≈₹260.06 (-33%) | 7 |
| AIILAuthum Investment & Infrastructure Limited | Weekly | Bearish | ₹571.90 | ₹479.55 | 16.1% | ≈₹390.95 (-32%) | 8 |
| TRENTTrent Limited | Weekly | Bearish | ₹2,958.70 | ₹2,460.94 | 16.8% | ≈₹1,957.48 (-34%) | 5 |
| DRREDDYDr. Reddy's Laboratories Limited | Weekly | Bearish | ₹1,233.00 | ₹946.20 | 23.3% | ≈₹651.18 (-47%) | 4 |
📖 What a descending channel is
Highs and lows fall at roughly the same rate, keeping the two boundaries parallel.
Why it forms
Orderly distribution. Rallies are sold at the upper rail and buyers show up at the lower one, both at steadily lower prices.
🎯 Trigger
A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation.
📏 Target
While the channel holds, the opposite rail. On an upside break, project the channel width up from the break.
🛑 Invalidation
A sustained close above the upper rail.
🖼 Example on a live chart
DMART — Weekly
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.
❓ Descending Channel FAQ
Should you buy a stock in a descending channel?
Buying inside a descending channel is buying a downtrend. The lower rail can be traded for a bounce, but the pattern itself is bearish until price closes above the upper rail.
How is a descending channel different from a falling wedge?
The channel's boundaries are parallel, so the decline is steady. The wedge's converge, meaning the decline is slowing. The wedge is a bullish setup; the channel is not.
When does a descending channel end?
Usually with a close above the upper rail, often followed by a retest of that rail from above. That retest holding is the cleaner entry.
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Educational only. Prepared with AI assistance and reviewed by our editors; still check prices and levels yourself. Not investment advice.
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.
