📊 Thomas Scott (India) Ltd – Symmetrical Triangle Breakout on Weekly Chart 🔺
📅 Chart Date: October 26, 2025 | Timeframe: Weekly
📈 CMP: ₹364.05 (+16.93%)
📍 Symbol: NSE:THOMASCOTT
🔍 Technical Overview
📉 Pattern: Symmetrical Triangle
Price has been consolidating within a contracting triangle pattern since February 2024, showing a gradual squeeze in volatility.
This week’s strong bullish candle with +16.9% move and above-average volume indicates a potential breakout attempt from the upper trendline.
💥 Volume Confirmation (🔊)
Volume rose sharply to 277.4K, much higher than the recent average of 189.8K, supporting the breakout strength.
📈 Next Resistance Zone: ₹415–₹430 (previous supply area).
📉 Immediate Support: ₹330 (triangle breakout zone).
🎯 Trading Plan (for Educational Purpose)
Entry (on Retest): ₹335–₹345 zone
Stoploss: ₹295 (Weekly Close Basis)
Targets: ₹415 / ₹475 / ₹525
Risk–Reward: ~1:2.5
⚠️ Disclaimer
This analysis is for educational and charting purposes only, not financial advice. Always do your own research before investing or trading.
📅 Chart Date: October 26, 2025 | Timeframe: Weekly
📈 CMP: ₹364.05 (+16.93%)
📍 Symbol: NSE:THOMASCOTT
🔍 Technical Overview
📉 Pattern: Symmetrical Triangle
Price has been consolidating within a contracting triangle pattern since February 2024, showing a gradual squeeze in volatility.
This week’s strong bullish candle with +16.9% move and above-average volume indicates a potential breakout attempt from the upper trendline.
💥 Volume Confirmation (🔊)
Volume rose sharply to 277.4K, much higher than the recent average of 189.8K, supporting the breakout strength.
📈 Next Resistance Zone: ₹415–₹430 (previous supply area).
📉 Immediate Support: ₹330 (triangle breakout zone).
🎯 Trading Plan (for Educational Purpose)
Entry (on Retest): ₹335–₹345 zone
Stoploss: ₹295 (Weekly Close Basis)
Targets: ₹415 / ₹475 / ₹525
Risk–Reward: ~1:2.5
⚠️ Disclaimer
This analysis is for educational and charting purposes only, not financial advice. Always do your own research before investing or trading.
거래청산: 타겟 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.