Time Technoplast – Compression Before Expansion?

305
Chart Pattern Combo: 🔻 Falling Wedge inside 🔺 Symmetrical Triangle
CMP: ₹344 | Target: ₹493 (43% Upside)


📈 What’s Happening?
This setup is a classic case of pattern convergence — where price action + psychology meet:

🔹 Symmetrical Triangle → Signals price is coiling and preparing for a breakout
🔹 Falling Wedge Breakout → A bullish reversal pattern, already active
🔹 Strong Bounce from demand zone ₹303–₹307 confirms buyer interest
🔹 Immediate resistance at ₹352 — a breakout above this could trigger fast upside

🔍 Smart Money Clues:
Institutions love to accumulate in silence — this double-pattern setup signals exactly that:

Consolidation = accumulation

Volume drying up during downtrend = typical of wedge

Sharp upside candle = ignition point

🎯 Trade Plan:
Breakout Confirmation: Above ₹352

Entry Zone: ₹340–₹352 (aggressive), ₹307–₹320 (if retest happens)
Target 1: ₹420 Target 2: ₹493
Stop Loss: Below ₹303 (daily close)

What do you think — is this about to explode out of compression?
Comment your view 👇🔥

#TimeTechnoplast #TechnicalAnalysis #FallingWedge #BreakoutStocks #SymmetricalTriangle #ChartSetup #PositionalTrading #PriceAction

Note
Booked some!

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