Symmetrical Triangle

Zen Technologies: Reading a Multi-Year Symmetrical Triangle Apoorv Dubey | SEBI Registered Research Analyst A symmetrical triangle can look simple: one descending line and one ascending line. The useful part is understanding what those lines tell us about the price structure. On this monthly chart of Zen Technologies, the broader rising support line has been developing for roughly 1,000 days. The descending boundary from the 2024 peak gives us a more recent converging structure to study. What is a symmetrical triangle? A symmetrical triangle forms w

by Apoorv-Dubey_SEBI-RA

HCLTECH | Monthly Triangle, Weekly Liquidity Zone and Daily APOORV DUBEY | SEBI Registered Research Analyst ⚠️ This post is for educational purposes only. It is not a recommendation to buy, sell or hold any security. Why this post? The goal is not to give you a view on HCL Tech. It is to show you how to analyse a chart on your own. Always start from the biggest timeframe and work down. 1. Monthly: the big picture -Support trendline: price has respected an ascending trendline since 2011, tested again in 2020 and in the current structure. -Resistance

by Apoorv-Dubey_SEBI-RA

One Stock. Two Timeframes. A Breakout That Fooled the Crowd APOORV DUBEY | SEBI Registered Research Analyst A breakout is not always the opportunity. Sometimes, the location of that breakout is the real story. This chart of New India Assurance demonstrates why I believe multi-timeframe analysis is essential for understanding market structure and potential liquidity traps. LEFT - MONTHLY TIMEFRAME (Bird's-Eye View) The broader chart reveals a large symmetrical triangle-like structure, with price operating between descending resistance and rising su

by Apoorv-Dubey_SEBI-RA

Your Chart Isn’t Difficult - Your Timeframe Might Be Historical 2023 chart shared strictly for educational purposes to explain multi-timeframe technical analysis. No current market view or recommendation is being expressed. Sometimes the problem isn't the chart. It’s the timeframe you're trying to read it on. This historical 2023 example shows the same market structure from two different perspectives.. Weekly vs Monthly. On the Weekly chart , there is naturally more information. More candles create more visible swings, potential support/resis

by Apoorv-Dubey_SEBI-RA

HBLENGINE Triangle Breakout HBL Engineering is attempting to breakout after forming a symmetrical triangle with above average volumes on 1D timeframe. The stock is also trading above 200 EMA.

IKS Symmetrical Triangle Breakout with Strong Volume 🔥 Inventurus Knowledge Solutions: Symmetrical Triangle Breakout with Strong Volume 📊 MARKET STRUCTURE SNAPSHOT | NSE: IKS | DAILY Closing Price: 1,869.20 Core Trend: Developing Bullish Structure Market State: Bullish Expansion / Breakout Chart Pattern: Symmetrical Triangle — Bullish Breakout Candlestick Pattern: Strong Bullish Candle Price Structure: Price had been forming a clear series of lower highs and higher lows inside a contracting symmetrical triangle. The latest session has produced a

by simpletradewithpatience

The Breakdown Was a Trap : Fibonacci Explains Why A breakdown does not always mean the structure has failed. Sometimes, where the breakdown happens matters more than the breakdown itself. This historical Tata Chemicals chart is a good example. After a strong expansion, Fibonacci retracement is drawn across the larger move. This highlights an important retracement area between the 50% and 61.8% levels — marked by the white zone on the chart. This area is often watched as a Fibonacci retracement confluence zone, with 61.8% being the classic Fi

by Apoorv-Dubey_SEBI-RA

ARVIND: Massive Macro Squeeze and Explosive Trendline Breakout 1. The Macro Perspective: The Floor and The Lid I am taking a LONG bias on Arvind Limited (ARVIND) on the weekly (1W) timeframe. When analyzing pure market structure, some of the most powerful moves come from prolonged periods of sideways consolidation. Look at the massive structural development on this chart. After a volatile period, the stock established an absolute concrete support floor at the solid black 290.60 line. However, every time buyers tried to push the price higher, sellers aggres

by ParamjitMahapatro

Where Everything Meets: A Decade Long Trendline This post is educational and observational in nature based on historical price action on the monthly timeframe. It is not a forecast or a trading recommendation. Using 3 months old charts only The Monthly Trendline A trendline drawn on the monthly timeframe carries significant structural weight, since it reflects price behavior compressed across years rather than days or weeks. In this chart, the green trendline originates from 2014, touches the market bottom again in 2020, and is respected

by Apoorv-Dubey_SEBI-RA

Three Faces of Consolidation: How the Same Rally have 3 Faces This post is educational and observational in nature based on historical price action. It is not a forecast or a trading recommendation. Setup: The Bullish Rally This chart begins with a strong bullish rally, the foundation from which three separate consolidation structures went on to form at different points along the stock's journey. Pattern One: The Triangle Following the initial rally, price consolidated into a triangle pattern, converging highs and lows compressing into a tighter ran

by Apoorv-Dubey_SEBI-RA

The Golden Rest Zone: Where Rallies Pause After the Climb This post is educational and observational in nature based on historical price action. It is not a forecast or a trading recommendation. The Fibonacci Retracement Tool The Fibonacci retracement tool is used here by anchoring it from the lowest point of the swing to the topmost point of that same swing, measuring the full move from bottom to top. This tool maps out key levels within that range, most notably 50% and 61.8%, which together form what is often referred to as the golden zone, one o

by Apoorv-Dubey_SEBI-RA

eClerx Services cmp 1879.50 Daily Chart eClerx Services cmp 1879.50 Daily Chart - Support Zone 1690 to 1840 Price Band - Resistance Zone 1895 to 2075 Price Band - Bullish Cup & Handle plus Rounding Bottoms - Falling Resistance Trendline Breakout attempted - Steady Volumes indicate of probable accumulation - Price shouldering along the Rising Support Trendline - Price traversing in Symmetrical Triangle awaiting Breakout or Breakdown

by PIYUSHCHAVDA

History May Not Repeat, But Patterns Clearly Do All price action shown in this chart is historical and older than three months. This post is purely educational and observational in nature. It is not a forecast or a trading recommendation. The First Instance: 2008 to 2014 Between 2008 and 2014, this stock formed a symmetrical triangle pattern on the monthly timeframe. The eventual breakout in 2014 coincided with price reclaiming the 50 day exponential moving average on the same timeframe, with the triangle breakout and the EMA reclaim occu

by Apoorv-Dubey_SEBI-RA

Nifty Bank Weekly Analysis [24 - 28 August, 2026]Probable Price Structure and Scenario Analysis for the Nifty Bank NSE:BANKNIFTY Index. The analysis is restricted to the week of 24 - 28 August, 2026. 🟢 Bullish Scenario Presently, there is no bullish scenario. Firstly, for a bullish setup, the price must give a sustainable breakout above 58000. Then a weak bullish target will be 58500. There will be strong resistance at 58500. Next, if the price decisively breaks out above 58500, then strong bullish sentiment would emerge. The probable b

by deep_bhattacharjee_db

HINDUSTAN UNILEVER — Testing Triangle Support, Bullish Setup Overview Hindustan Unilever is trading at 2,077, down 0.72%, now testing the lower boundary of its 2-year symmetrical triangle. This is the same triangle covered in our earlier post, where price was watching the upper resistance zone; instead, price has drifted down and is now testing support at the opposite end of the same structure. Pattern Explanation The triangle's upper resistance line connects the October 2024 high (2,988) down through the September 2025 secondary high, converging towar

HAL - Symmetrical Triangle Coiling on Weekly Chart Overview Hindustan Aeronautics has been consolidating inside a large symmetrical triangle since its July 2024 high of 5,674.75, with price now compressing right into the apex around the 4,320–4,385 zone. This is the first time we're covering the defense/aerospace space, and the multi-timeframe setup here — both weekly and daily charts showing the same structure — makes it a notable one to watch. Pattern Explanation On the weekly chart, a descending resistance line connects the July 2024 high dow

The Midpoint Nobody Watches: Equilibrium, Flip Zones, Patterns This post is educational and observational in nature based on historical price action. It is not a forecast or a trading recommendation. Flip Zone (Green) A price level that once acted as resistance and, after being broken and sustained above, converted into support. This shift in role is what defines a flip zone. Equilibrium Point The midpoint calculated between the biggest swing low and the biggest swing high on the chart. This level divides the overall range into two equal halves and i

by Apoorv-Dubey_SEBI-RA

BRIGADE | A BIG MOVE INCOMING?DISCLAIMER : This publication is NOT a trade recommendation but only my observation. Please do your own analysis before entering trades. Points to note: A symmetrical triangle consolidation appears to have been completed in this stock. Health breakout attempt with Higher Highs and Higher lows can be seen. Triangles are one of the strongest consolidation shapes that precede a big breakout The target is simply the pattern height of the triangle -------------------- Keeping in mind th

by Divergent_trader

Nifty 50 Trade Plan - Pennant Formation [10.08.2026: Monday]Probable Scenario Analysis and Trade Plan for the Nifty 50 Index NSE:NIFTY for the 10th of August, 2026. The day is Monday. 🟢 Bullish Scenario Presently, there is no bullish scenario. For a bullish scenario to emerge, the price has to sustain above level 24650 with an exclusive green marubozu candle. The probable weak bullish target above 24650 would be - 24700. There will be strong resistance at 24700. Next, if the price sustains above 24700, then a strong bullish move would emerge. The

by deep_bhattacharjee_db

Hindustan Zinc - Squeezed Between Trendline Support & Resistance Overview Hindustan Zinc is trading in a tightening zone right now — a rising trendline support from below is meeting resistance levels from above, and price is currently sitting right at the middle of this squeeze around 527. What's Happening The stock had a big rally from around 420 last year up to a high of 733, then pulled back hard. Since then, it's been finding support along a rising trendline (currently near 500-515), while facing resistance from a falling trendline coming down from the

Adani Green at a Critical Inflection Point Adani Green Energy has reached one of the most decisive zones on its long-term monthly chart. After respecting its rising support trendline for several years, the stock is now trading near the intersection of a long-term ascending support and a falling resistance trendline. This creates a high-probability decision point where the next major trend is likely to begin. The chart also illustrates a possible ABCDE corrective pattern, with waves (a), (b), (c), and (d) already completed. If the curren

HAL Symmetrical Triangle Breakout Watch _______________________________________ 📊 Hindustan Aeronautics Ltd. (HAL): Daily Technical Snapshot – Symmetrical Triangle Breakout Watch 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: HAL | DAILY Closing Price: ₹4,581.70 (+₹90.70 | +2.02%) Core Trend: Strong Uptrend Market State: Consolidation Within Uptrend Price Structure: Price is consolidating inside a Symmetrical Triangle, following a strong prior advance. The recent Bullish Engulfing c

by simpletradewithpatience

ABB Symmetrical Triangle Consolidation ________________________________________ 📊 ABB India: Daily Technical Snapshot – Symmetrical Triangle Consolidation 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: ABB Closing Price: ₹7,204.50 (+₹312.50 | +4.53%) Core Trend: Long-Term Uptrend Market State: Consolidation Within Uptrend Price Structure: Price is consolidating inside a Symmetrical Triangle, reflecting a period of compression following the previous rally. The structure suggests tha

by simpletradewithpatience

Prestige Estates Price is approaching the apex of a large consolidation. A decisive breakout could signal the start of a new impulsive move. Pattern: Symmetrical Triangle Entry: Weekly close above ₹1,800 Targets: T1: ₹2,000 T2: ₹2,150 T3: ₹2,300 Stop Loss: ₹1,550