Angel One: Buyers Defend Former Triangle ResistanceOverview
Angel One has recently completed a multi-month contracting triangle structure (a)-(b)-(c)-(d)-(e) along the lower boundary of its multi-year ascending channel. Here is a breakdown of the current technical structure and key levels to watch.
1. Wave Structure & Retracement
Wave (i) Impulse: The breakout from the triangle pushed price sharply to 361.00 , driven by a massive expansion in trading volume.
Wave (ii) Pullback: Price recently pulled back to touch the 0.5 Fibonacci
Triangle
Where Everything Meets: A Decade Long TrendlineThis 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
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AEROFLEX — BULLISH BREAKOUT FROM SYMMETRICAL TRIANGLENSE: NSE:AEROFLEX | Daily | CMP: ₹485.85 (+6.58%) AS ON 19-AUG-26
Aeroflex Industries has broken out of a Symmetrical Continuation Triangle after consolidating through Jun–Aug following its strong run-up. Today's breakout candle closed above the triangle's upper trendline with strong volume — a bullish continuation signal.
Demand Zone: ₹435–455
Stop Loss: ₹435.60
T1: ₹535.70
T2: ₹561.30
Structure stays valid above the demand zone/SL. A close below ₹435.60 invalidates the setup.
Di
Nifty 50 Ready for a Big Move? Watch These Key LevelsNifty 50 is currently trading around 24,032 and has entered an important technical zone where the next directional move could determine the broader trend. The chart shows an Ascending Triangle Pattern, with rising support underneath price and a well-defined resistance zone around 24,500–24,800. This structure indicates that buyers are gradually pushing the market higher while sellers continue to defend the same resistance area.
The immediate focus is the 23,900–24,000 support region, where the
Three Faces of Consolidation: How the Same Rally have 3 FacesThis 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
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Apollo Micro Systems cmp 387.45 Daily ChartApollo Micro Systems cmp 387.45 Daily Chart
- Support Zone 355 to 385 Price Band
- Resistance Zone 395 to 430 Price Band
- Strong Support base 377 to 385 Price Band
- Breakout probability from Descending Triangle
- Volumes seen in good sync of avg traded quantity
- Darvas Box setup : Price traversing within 377 to 400
- Present Stock Chart state indicating good accumulation
CRUDE OIL: SYMMETRIC TRIANGLE — BREAKOUT OR BREAKDOWN?Symmetric Triangle • Volatility Compression • Breakout / Breakdown Plan
1. The Technical Setup
Crude Oil is approaching a potentially important decision point. The 4H chart shows a textbook-style Symmetric Triangle: lower highs are creating descending resistance, while higher lows are creating rising support. The two boundaries are converging as price moves into a narrower range.
What is a Symmetric Triangle? It is a consolidation pattern representing temporary equilibrium between buyers an
Amber Enterprises India Limited - Descending Triangle Descending Triangle
After a strong rally, price consolidated in a Descending Triangle and has now broken above resistance, signaling bullish reversal.
DISCLAIMER
This channel is for educational and self-analysis purposes only.
We share technical levels, charts, and market insights based on publicly available information and multiple sources. These are not financial or investment recommendations.
I am not a SEBI-registered analyst. Please consult your financial advisor before making any tra
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PCBL Chemical cmp 328 Weekly ChartPCBL Chemical cmp 328 Weekly Chart
- Support Zone 250 to 310 Price Band
- Resistance Zone 335 to 395 Price Band
- Rounding Bottoms around Support Zone
- Falling Resistance Trendline Breakout attempted
- Volumes are in close sync with avg traded quantity
- Price is trending along the Rising Support Trendline
- Breakout from Descending Triangle has well sustained
CiplaytimeSmall entry above 1488 and full entry only if it can sustain above 1540
1702 is ATH above which opens the blue sky possibility.
Strict closing basis SL (Red Dash Line).
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“Successful trading is about managing risk, not avoiding it.”
– Bill Lipschutz
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The Golden Rest Zone: Where Rallies Pause After the ClimbThis 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
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eClerx Services cmp 1879.50 Daily CharteClerx 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
FACT Ltd (D): BIG BREAKOUT ALERTTimeframe: Daily | Scale: Linear
For those tracking the agricultural chemicals and fertilizer space, FACT presented a highly compelling technical shift in today's session.
Explosive +11.71% surge today on huge 34.31M volume after a period of contraction! 🔥
Technical Highlights:
✅ Short-Term Breakout: Cleared & closed above immediate horizontal resistance.
⚠️ Macro View: Pushing higher within a massive higher-timeframe symmetrical triangle.
✅ Momentum: MACD & RSI rising across Da
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History May Not Repeat, But Patterns Clearly DoAll 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
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EPL Ltd (W): MULTI-YEAR BREAKOUT ALERTTimeframe: Weekly | Scale: Logarithmic
For those tracking the global packaging and consumer goods supply space, EPL Ltd registered a significant higher-timeframe technical breakout this week.
On the weekly logarithmic chart, the stock broke out and closed above a multi-year angular resistance line that has been intact since August 2020. This move effectively completes the resolution of a multi-year symmetrical triangle pattern defined by a series of lower highs and higher lows.
The break
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
CRUDEOIL: BREAKING OUT?➡️BRENT/CRUDEOIL is breaking out of the triangle pattern.
➡️The volumes are there and the visible beneficiary (United States) is there.
➡️There will be downward dips to take out the weak hands but the recent high will be taken out and soon, it seems.
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Mazagon Dock cmp 2580 Weekly ChartMazagon Dock cmp 2580 Weekly Chart
- Support Zone 2100 to 2450 Price Band
- Resistance Zone 2600 to 2950 Price Band
- Descending Triangle Breakout seems attempted
- Rising Support Trendline shouldering trending price
- Steady Volumes provide indication for accumulation
HINDUSTAN UNILEVER — Testing Triangle Support, Bullish SetupOverview
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
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HAL - Symmetrical Triangle Coiling on Weekly ChartOverview
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
NIFTY – Wave 4 Triangle | D-Wave Liquidity Sweep & Wave ENIFTY is currently in Wave 4, where a potential triangle formation appears to be developing.
In Elliott Wave theory, a triangle consists of five waves:
A → B → C → D → E
At present, my interpretation is that Wave D is in progress.
The key level I am watching is the previous high at 26,373.20.
If price breaks above 26,373.20, takes the liquidity resting above this high, and subsequently shows rejection/weakness, I will consider this as a potential buy-side liquidity sweep completing Wave D.
The Midpoint Nobody Watches: Equilibrium, Flip Zones, PatternsThis 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
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Bank Nifty Daily Chart Analysis: Ascending Triangle Formation
Pattern Overview
On the daily (1D) timeframe, the Bank Nifty index is currently consolidating within a classic Ascending Triangle pattern. This is generally considered a bullish continuation pattern, indicating a potential upward breakout after a period of consolidation.
Key Technical Observations:
Horizontal Resistance (Top Line): The upper trendline highlights a clear and stubborn resistance zone. The price has tested this ceiling multiple times but has faced consistent selling pressure, c
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