KFin Technologies: Understanding a Descending Triangle & FiboApoorv Dubey | SEBI Registered Research Analyst
Let’s look at this chart as a simple story about price.
1. First came the rally 📈
KFin Technologies rose strongly from its marked swing low to its swing high. A swing low is an important low point on the chart, while a swing high is an important high point.
2. Then came a pause and a pullback
After reaching its high, price started falling and moving sideways. It did not fall in a straight line: it bounced several times, but the later highs were
Triangle
Will Nifty touch 26000 in March 2027?Again I see another triangle pattern building up in the weekly chart, usually when we analyze weekly charts the targets happen in long term, so my guess is nifty could touch 26000 again during Feb2027 or March2027. Although technically the chart gives us a pattern, think in terms of global events, Ukrain war might end... Republicans already lost the Nov Elections, there is a chance there will be sudden falls cos Trump might come up with few tweets that affect the market, But Indian market is cur
Zen Technologies: Reading a Multi-Year Symmetrical TriangleApoorv 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
QPOWER Ascending Triangle Breakout & Successful Retest on DailyOverview & Technical Logic
Analyzing the daily chart for Quality Power Electrical Equipments Ltd., we can observe a classic bullish continuation setup.
Over the past few months, the stock has been respecting an ascending trendline, steadily forming higher lows since May.
This accumulation phase culminated in a strong breakout above the major horizontal resistance level at 1,409.8.
Following the breakout, the price action demonstrated a textbook retest.
The previous resistance at 1,409.8 acte
DYNAMATECH Strong Ascending Triangle Breakout with VolumeDynamatic Technologies Limited is showing a textbook ascending triangle breakout on the daily timeframe.
Over the past several months, the price has been respecting a rising trendline, making consistently higher lows.
This price action indicates strong accumulation and sustained buying pressure at lower levels.
Simultaneously, the price faced a stiff horizontal resistance zone around the 12,608 level.
In the most recent trading sessions, the stock has decisively broken out above this key res
XAUUSD: Can 4,030 Support Survive the PCE Test?Gold is defending a critical support area after failing to sustain its recent recovery. With descending resistance pressing against rising support, XAUUSD is approaching a structural decision that could determine its next move.
Market Structure — A Breakout Is Brewing
Following the decline from the October highs, Gold developed a persistent sequence of lower highs and lower lows.
However, the latest recovery from the 3,975–3,989 region has introduced a potential change in short-term momentum.
Cemindia Projects cmp 1287.40 Daily ChartCemindia Projects cmp 1287.40 Daily Chart
- Support Zone 1075 to 1225 price band
- Resistance Zone 1315 to 1450 price band
- Breakout from the Falling Resistance Channel
- Volumes supported Descending Triangle Breakout
- Strong Double Bottom formed around 1100 to 1135
- Anticipate for fresh momentum based Resistance Breakout
BHEL Strong Ascending Triangle BreakoutBased on the daily chart for Bharat Heavy Electricals Limited provided a clear bullish setup has materialized.
Technical Analysis & Reasoning:
Ascending Triangle Pattern: Since early June, the price action has steadily compressed, printing a series of higher lows along a well-defined, upward-sloping support trendline.
This accumulation pushed the price into a rigid horizontal resistance zone right at the 439.90 mark.
Confirmed Breakout: The most recent daily session resulted in a massive bulli
TEGA : Multi-Year Symmetrical Triangle Breakout on Weekly.Chart Analysis & Rationale:
As seen on the weekly chart, Tega Industries Ltd. has been consolidating within a massive symmetrical triangle pattern for over two years.
The stock has respected both the descending resistance line and the ascending support line throughout this period.
This week, the price delivered a decisive breakout above the upper resistance trendline.
What makes this setup particularly compelling is the volume: the breakout is accompanied by a massive volume spike (visible at
Nifty - Monthly expiry day analysis...What can you expect in this video?
1. Important support/resistance
2. How the trend direction is changing
3. Where to buy and sell
4. Descending channel and ascending triangle pattern movement.
Buy above 22800 with the stop loss of 22720 for the targets 22860, 22920, 22980, 23040 and 23120.
Sell below 22600 with the stop loss of 22680 for the targets 22540, 22480 and 22420.
The expected expiry day range is 22500 to 23100.
Always do your analysis before taking any trade.
Brent Crude Oil — Technical Analysis - Daily Chart
Brent crude is showing a strong bullish structure, recovering from the July low near $68 and forming higher highs and higher lows. Price is now approaching a major long-term resistance zone around $117–$120, where the descending trendline and previous swing highs converge.
The recent rally has also moved price toward the upper boundary of the rising channel. RSI is around 71, indicating strong momentum but also an overbought condition, so some consolidation or a pullback is possible.
Fibonac
Gold can take support on trendlineGold is in a triangle on a 1 day timeframe and currently is at the support level of the bottom trendline. It can take a support from here and we can see a bounce till it reaches the upper trendline.
Also this up move may be supported by the festive season which can trigger buying in gold and support the above analysis.
Force Motors cmp 17680.20 Weekly ChartForce Motors cmp 17680.20 Weekly Chart
- Support Zone 15000 to 17000 price band
- Strong Support Base 16500 to 17000 range
- Resistance Zone 17950 to 19950 price band
- Prices seems testing retesting the Support Zone
- Volume falling, need to increase for fresh uptrend
- Breakout from Descending Triangle is well sustained
Havells - Multi time frame analysisIn the lower timeframe, the price is forming a symmetrical triangle. We can also see a bull flag formation. A symmetrical triangle is a neutral pattern, and the breakout can be in any direction. A bull flag is a bullish pattern.
On the daily timeframe, the price is forming a W pattern, which is bullish.
The price is bullish as long as it stays above 1082 - 1088.
Buy above 1110 - 1114 with a stop-loss of 1094 for the targets 1122, 1136, 1148, 1162 and 1176.
The price can face resistance at the 1
HCLTECH | Monthly Triangle, Weekly Liquidity Zone and DailyAPOORV 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
Adani Green: Four Years of Squeeze, One Move Left?Educational wave study only. Not a buy or sell recommendation.
For four years, Adani Green has been going nowhere. Every high is lower than the last, and every low is higher. The market is slowly squeezing itself into a corner, and that shape has a name: a contracting triangle.
The big picture (monthly, log scale): Waves (1), (2) and (3) took the stock from 22.8 to 3,050. Since then, wave (4) has been moving sideways in a triangle. Four legs of it look complete, and the fifth and final leg
One Stock. Two Timeframes. A Breakout That Fooled the CrowdAPOORV 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
NHPC High Risk:Reward Rebound from Major Horizontal SupportBased on the weekly timeframe NHPC is currently at a critical technical juncture, compressing within a large structure bounded by declining highs and a flat support base.
Chart Analysis:
Major Support: The stock has established a highly resilient horizontal support zone around the 71.50 - 72.00 level (marked by the black horizontal line at 71.58).
The price has tested this floor multiple times over the past several months, and we are currently seeing a fresh bounce forming a bullish weekly can
Urban Company (D): PATTERN BREAKOUTTimeframe: Daily | Chart Scale: Linear
Explosive +8.74% surge today backed by a massive 23.98M volume spike! 🔥
Technical Highlights:
✅ Chart Pattern: Decisive breakout from a descending triangle consolidation.
✅ Volume Reversal: Volume rising over the past couple of days, breaking a recent dry spell.
✅ Momentum: Weekly EMAs in positive crossover. MACD & RSI rising (Daily/Weekly). 🚀
Key Levels to Watch:
🎯 Target: 183
🛡️ Support / Pullback: 169 (Previous triangle resist
Your Chart Isn’t Difficult - Your Timeframe Might BeHistorical 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
Copper Breakout SetupCopper is currently trading near ₹1,404/kg and appears to be forming a symmetrical triangle pattern, with price consolidating between a descending resistance trendline and a rising support trendline.
🔹 Breakout Zone: ₹1,430–₹1,435
🔹 Pattern Support: ₹1,380–₹1,385
🔹 A decisive close above ₹1,430–₹1,435 with strong volume could confirm an upside breakout from the triangle.
🔹 Traders can watch for follow-through buying after the breakout rather than acting on an intraday spike.
📈 Pattern Target:
HBLENGINE Symmetrical Triangle Breakout Long SetupHBL Engineering Limited has recently shown a strong bullish breakout from a symmetrical triangle pattern on the daily timeframe.
Technical Analysis & Bias:
My bias for this setup is long.
The price action has been consolidating within a large symmetrical triangle for several months.
In the most recent sessions, the price successfully breached the upper descending trendline resistance, closing strongly at 806.00.
This structural trendline breakout, combined with the established support of the























