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Triangle

Reclaiming The Breakdown: Descending Triangle To Inverse HnSThis weekly chart of Rico Auto illustrates how structure can evolve over time and why rigid bias around a single pattern can be misleading. Price initially respected a clear descending trendline, forming a classic descending triangle and eventually breaking down below the support zone. Instead of continuing in a straight-line downtrend, the market absorbed that move and began to build a broader basing structure. Over the following swings, price developed an inverted head and shoulders formation, highlighted here with the white structure, right inside and just below the prior breakdown area. As the pattern matured, price not only reclaimed the prior horizontal zone but also pushed back toward the original red counter-trendline that once acted as dynamic resistance. The same trendline that confirmed the initial triangle breakdown is now being revisited, showing how former breakdown structures can later turn into key decision zones rather than one-way signals. This chart is shared purely to study how multiple patterns can co-exist and morph on higher timeframes: -A descending triangle that initially breaks to the downside -A subsequent inverse head and shoulders basing pattern -A later reclaim of the old breakdown area and retest of the descending trendline Disclaimer This post is for educational and illustrative purposes only and is not investment, trading, or financial advice. Please do your own research and consult a registered financial professional before making any trading or investment decisions.
NSE:RICOAUTOLong
by Averoy_Apoorv_Analysis
After the IPO of 2 subsidiaries that B/S might strengthenCanara Bank Subsidiaries Set for IPO; Strategic Moves Strengthen Position There is news that two subsidiaries of Canara Bank — one in mutual funds and the other in insurance — are preparing for Initial Public Offerings (IPOs). In both joint ventures, Canara Bank is expected to be the primary seller, and the proceeds are likely to flow directly to the bank’s balance sheet, strengthening its capital position. Following recent banking sector reforms, Canara Bank has emerged as one of the more robust players among the newly consolidated public sector banks, benefiting from an improved digital banking experience and a healthier loan book. This trend of consolidation and strategic monetisation of assets may pave the way for a select few public sector banks to evolve into financial powerhouses, with well-diversified subsidiaries across mutual funds, insurance, and other financial services. Canara Bank, in particular, appears well-positioned to replicate its quiet but consistent success in equity mutual funds, potentially carving out a niche for itself in the broader financial services landscape.
NSE:CANBKLong
by liondewarangal
1
Triangle formationThangamayil Jewellers – Glistening with Opportunity The overall sentiment in the jewellery sector has turned positive, supported by strong fundamentals and global tailwinds. Gold and silver prices are on a consistent uptrend, hitting new highs almost daily, driven by both safe-haven demand and global metal rallies. Thangamayil Jewellers, a Tamil Nadu-based company, has established a strong presence among the middle class, with steady growth in both sales and revenue. Technically, the stock shows a clear bullish triangle formation on the monthly chart, while also exhibiting low-price accumulation patterns on the daily timeframe. This setup offers a compelling combination of fundamental strength and technical breakout potential, making it a stock to watch closely in the current metals rally.
NSE:THANGAMAYLLong
by liondewarangal
Simple Triangle Pattern on a Monthly Time FrameOverview - This monthly chart illustrates a symmetrical triangle pattern defined by a series of higher lows and relatively stable swing highs, framed by a green ascending trendline and a red counter-trendline. The structure is presented in an observational manner to highlight how price has evolved within these converging boundaries over an extended period. Triangle structure - 1.The green line represents the primary trendline, drawn from successive higher swing lows where price has repeatedly found support and turned back up. Each time price touches or approaches this green line, the contact is marked with a blue upward arrow box to emphasize how buyers have consistently responded around this rising level. Together, these points of contact visually document the stepping pattern of higher lows that contributes to the lower boundary of the triangle. 2.The red line acts as the counter-trendline, connecting multiple prominent swing highs where upward movement has stalled and reversed. Blue downward arrow boxes are placed at these touchpoints to highlight how price has respected this sloping resistance zone over time. The repeated interaction with the red line shows how sellers have been active around this upper boundary, creating a series of contained pushes to the upside. Understanding - The overall construction emphasizes how multiple touches on both the trendline (T) and counter-trendline (CT) are used to validate the presence of this symmetrical triangle. Rather than focusing on any single candle, the chart showcases the cumulative behaviour of price over many months, making it a useful visual example for studying how support and resistance can evolve into a geometric pattern on a higher time frame. Disclaimer: This description is purely educational and observational, intended to explain chart structure and pattern formation. It does not constitute investment advice, trade recommendations, or any suggestion to buy, sell, or hold any financial instrument.
NSE:METROBRANDLong
by Averoy_Apoorv_Analysis
Coforge: Ending Diagonal Signals Exhaustion Near Wave (D) HighCoforge has likely completed Wave c of (D) with a clean ending diagonal near the upper boundary of the multi-month triangle structure. This raises the probability of Wave (D) being complete — if price turns down from here. Technical View Ending Diagonal: The final leg into ₹1,986 shows a wedge structure — typical of terminal C-waves inside corrective patterns. Structural Resistance: This move hits the B–D trendline, a natural pivot for Wave (D) completion. Pivot Zone: The 52-week high at ₹2,005.35 is a clean external invalidation. A sustained move above it would contradict the triangle scenario. Trade Setup (If Reversal Confirms) Bias: Short-term bearish (potential Wave E) Trigger: A confirmed bearish reversal candle in the ₹1,985–₹1,995 zone Target: ₹1,700–₹1,750 Invalidation: Close above ₹2,005.35 Note: This is a countertrend short inside a strong rally. Wait for the actual reversal signal — the ED alone is not a sell trigger. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:COFORGEShort
by WaveXplorer
NESTLEIND – Symmetrical Triangle Breakout Setup (1D Chart)I’m watching Nestle India for a potential bullish breakout from a symmetrical triangle on the daily timeframe. Price has been consolidating after a strong impulsive move, and it is now respecting both trendline support and triangle resistance. 🔍 What I'm Seeing Price created a strong rally, followed by a healthy consolidation. A symmetrical triangle pattern has formed — showing tight price compression. Price is currently sitting near the trendline support, indicating buyers are still active. A breakout above the triangle could trigger the next bullish leg. 📈 Trade Idea Entry Zone: Around current levels near the triangle breakout Stop Loss: Placed below the trendline + recent swing lows Target: Previous strong resistance zone near ₹1383 This gives a clean risk-to-reward setup with a logical structure: risk below support, target at the next major supply zone. 🎯 Why This Setup Makes Sense Triangle breakout often leads to strong directional moves. Trendline support confirms buyer strength. Market structure is shifting bullish after breaking the downtrend earlier. ⚠️ Risk Note This is not financial advice. Always manage risk properly and wait for a confirmed breakout candle before entering.
NSE:NESTLEINDLong
by Scalper_San
HCLT - Buy - Technical Analysis#HCL Technologies Limited - Technical Analysis Price: 1,683.00 | #Trade Setup - Bullish Reversal #Outlook Strong bullish setup with 4-35% upside potential. The failed bearish head & shoulder pattern combined with monthly demand zone bounce suggests institutional accumulation. Breakout above 1,745 opens path to 1,951 and beyond. Pattern Analysis: 1. Bounced from monthly demand zone - Strong support established 2. Made higher low in monthly chart - Trend reversal signal 3. Failed Bearish Head & Shoulders pattern - Bears trapped, bullish continuation 4. Breakout confirmed on weekly chart - Momentum shift 5. Typical double bottom formation - Classic reversal pattern Technical Structure: - Monthly higher low at 1,390 confirms bullish structure - Failed H&S pattern invalidation is highly bullish - Price now targeting previous resistance zones Target Levels: - Target 1: 1,745.00 - Target 2: 1,951.25 - Target 3: 2,272.70 Support: 1,572 - 1,551 (critical zone) ⚠️ DISCLAIMER **NOT investment advice.** Educational analysis only. Trading involves substantial risk of loss. Past patterns don't guarantee future results. Always do your own research and consult a SEBI-registered financial advisor. Author assumes no responsibility for losses. #HCLTech #StockMarket #NSE #TechnicalAnalysis #ITStocks #IndianStockMarket #SwingTrading #Trading #FinTwit #TradingView #ChartAnalysis #StocksToWatch #Nifty50 #TechStocks
NSE:HCLTECHLong
by earnwhileulearn
#Bajaj Finance Limited - BUY - Technical Analysis#Bajaj Finance Limited - #Technical Analysis Price: 1,048.00 #Swing Trading Setup Pattern: #Range #breakout with #consolidation above breakout zone. #Triangle/Box pattern breakout with target hit. Currently forming double bottom pattern. Key Technical Points: 1. Range breakout & consolidating above breakout area 2. EMA's sorted & aligned - price trading above all EMAs 3. Triangle/Box pattern breakout - target achieved, now forming double bottom 4. Classic divergence in recent bounce area confirming retracement completion Target Levels: - Target 1: 1,103.80 - Swing Target 2: 1,155.00 - Grand Target: 1,225.00 Support: 1,026 - 1,018 (critical zone) #Outlook Strong bullish structure with potential upside of 10-17% toward targets. The double bottom formation suggests the retracement phase is complete. Price sustaining above ₹1,048 confirms continuation toward higher targets. ⚠️ DISCLAIMER This is NOT investment advice. For educational purposes only. Stock trading involves substantial risk. Past performance doesn't guarantee future results. Always do your own research and consult a SEBI-registered financial advisor before investing. Author assumes no responsibility for losses. #BajajFinance #StockMarket #NSE #TechnicalAnalysis #SwingTrading #IndianStockMarket #Trading #FinTwit #ChartAnalysis #StocksToWatch #TradingView #MarketAnalysis
NSE:BAJFINANCELong
by earnwhileulearn
US500 – Clean Retest of Broken Structure With Bearish ContinuatiPrice has retested the broken structure level (blue line) and is now reacting inside a premium zone, suggesting sellers may re-enter the market from this region. The consolidation and repeated rejections indicate absorption of buy-side pressure. With HTF context still pointing toward a deeper correction, this LTF retest offers a potential distribution setup before a continuation lower toward the next major liquidity pocket. Bearish Path: • Retest of the broken structure • Reaction from premium supply zone • LTF breakdown and structure shift • Continuation toward downside liquidity + inefficiencies below
CAPITALCOM:US500Short
by YCGH_Capital
3
Sbin The lower time frame shows the price is forming a triangle pattern. And nearby support is seen at the 942 to 952 zone. The daily chart shows, the price is moving steadily and is having a pullback towards the trend line. The price can bounce from the trend line. If the price breaks the triangle, sell below 960 with the stop loss of 966 for the targets 954, 948, 942 and 936. Buying opportunities will come when the price tests the 940 zone. Always do your analysis before taking any trade.
NSE:SBIN
by vanathi
9
Trade Rate Sensitive Assets: A Comprehensive OverviewIntroduction In the global financial markets, assets are often influenced by fluctuations in trade rates, currency values, and interest rates. Trade rate sensitive assets are those whose valuations, returns, or profitability are significantly affected by changes in trade rates or related economic variables. Understanding these assets is crucial for investors, traders, and policymakers, as shifts in trade rates can impact everything from corporate earnings to sovereign debt sustainability. In this discussion, we will explore what trade rate sensitive assets are, the types of assets affected, the mechanisms of sensitivity, and practical strategies for managing associated risks. Definition of Trade Rate Sensitive Assets Trade rate sensitive assets are financial or physical assets whose value is directly or indirectly influenced by trade rates, exchange rates, or global trade dynamics. In this context, “trade rate” refers to the cost of importing or exporting goods and services, often mediated by currency exchange rates and tariffs. When trade rates fluctuate due to changes in currency valuations, trade policies, or global demand, the cash flows and profitability of these assets can be materially affected. For example, a company that exports electronics from India to the United States may find that its revenue in Indian Rupees rises or falls depending on the USD/INR exchange rate. Similarly, bonds issued in foreign currency, commodities, or equity of export-driven companies are considered trade rate sensitive. Categories of Trade Rate Sensitive Assets Equities of Export-Oriented Companies Companies engaged in global trade, particularly exporters, are highly sensitive to changes in trade rates. For instance: Exporters: Revenue depends on foreign currency inflows. A stronger domestic currency reduces the local-currency value of foreign revenue, negatively impacting profits. Importers: Firms reliant on imported raw materials may face higher costs if the domestic currency weakens, squeezing profit margins. Examples include: Technology companies exporting software or hardware. Commodity companies exporting metals, agricultural products, or chemicals. Foreign Currency Bonds Bonds issued in foreign currency expose investors to trade rate and currency risk. When trade rates impact currency valuations: The local-currency value of coupon payments and principal changes. Investors holding USD-denominated bonds in emerging markets may gain or lose value depending on the USD exchange rate relative to their home currency. Commodities Many commodities are globally traded, so trade rate fluctuations directly influence pricing. For instance: Oil and gas prices are denominated in USD globally; any currency depreciation in importing countries increases local costs. Agricultural products, metals, and rare earth minerals are affected similarly, with global trade dynamics impacting supply and demand. Derivative Instruments Derivatives such as futures, options, and swaps on foreign currencies, commodities, and trade-sensitive indices also qualify as trade rate sensitive assets. They are particularly useful for hedging or speculating on trade rate movements. For example: Currency futures can hedge export revenue against domestic currency appreciation. Commodity futures allow exporters and importers to manage cost volatility. Real Assets with Trade Exposure Some physical assets, like factories, warehouses, or ships, are indirectly trade rate sensitive. For example, a shipping company’s revenue is tied to freight rates, which are influenced by global trade activity and currency movements. Mechanisms of Sensitivity Trade rate sensitivity arises from several interconnected mechanisms: Exchange Rate Fluctuations Exchange rates are a primary determinant of trade rate sensitivity. Assets that generate foreign revenue or require foreign inputs experience profit volatility when exchange rates shift. A depreciation of the domestic currency improves export competitiveness, potentially increasing revenue. Conversely, it raises the cost of imported inputs, affecting margins. Tariffs and Trade Policies Changes in trade tariffs, quotas, and regulations can directly impact asset value: Increased tariffs on imported components may raise production costs for domestic manufacturers. Export restrictions in foreign markets can limit revenue potential. Global Economic Cycles Trade-sensitive assets react to changes in global economic growth, as demand for exports fluctuates with industrial production, consumer spending, and investment cycles. Commodity Prices Many trade-sensitive assets, especially in resource-driven economies, are influenced by global commodity prices. For example: Oil exporters benefit from rising crude prices in USD terms. Agricultural exporters face revenue shifts based on international demand and currency-adjusted prices. Interest Rate Differentials Trade-sensitive assets in foreign currency can be indirectly affected by interest rate differentials. Higher domestic interest rates may strengthen the currency, impacting export competitiveness and asset valuations. Risk and Volatility Trade rate sensitive assets carry inherent risks due to their exposure to multiple dynamic factors: Currency Risk: Volatile exchange rates can significantly alter asset values. Trade Policy Risk: Sudden policy changes, sanctions, or tariffs can disrupt revenue streams. Commodity Price Risk: Export-driven commodity firms face fluctuations in global prices. Liquidity Risk: Assets with concentrated trade exposure may be harder to sell during economic shocks. Investors must recognize that trade rate sensitivity introduces higher volatility compared to domestic-only assets, making risk management essential. Investment and Hedging Strategies Investing in trade rate sensitive assets requires careful assessment of global trade trends, currency movements, and economic indicators. Some practical strategies include: Diversification Spread investments across regions, sectors, and asset classes to reduce exposure to a single trade-sensitive factor. Currency Hedging Use forward contracts, options, or swaps to mitigate currency risk in foreign revenue or bonds. Commodity Hedging Exporters and importers can lock in prices via commodity futures or swaps to reduce volatility from global market fluctuations. Monitoring Policy Developments Stay informed on tariffs, trade agreements, and geopolitical developments that may affect asset valuations. Active Portfolio Management Adjust allocations dynamically based on macroeconomic indicators, exchange rate forecasts, and trade volume trends. Examples in Real-World Markets Apple Inc.: Generates significant revenue from exports; USD appreciation can affect international earnings. Reliance Industries: Exposed to crude oil prices and global trade flows; currency and commodity risks are significant. Emerging Market Bonds: Sensitive to USD movements and global interest rate changes, affecting repayment in local currencies. Shipping Companies (e.g., Maersk): Revenue depends on global trade volumes and freight rates, which fluctuate with global economic conditions. Conclusion Trade rate sensitive assets form a crucial component of global financial markets, linking macroeconomic trends, currency movements, and international trade dynamics. These assets—ranging from equities, bonds, commodities, derivatives, to physical trade-linked assets—require careful monitoring due to their susceptibility to exchange rates, trade policies, and global demand cycles. Successful investment and risk management in these assets involve a combination of hedging, diversification, and close attention to macroeconomic and geopolitical indicators. Understanding the mechanisms and strategies related to trade rate sensitivity enables investors and policymakers to navigate volatility, optimize returns, and mitigate potential losses in a highly interconnected global economy.
NSE:AXISBANKEducation
by TechnicalExpress
Decoding the Descending Triangle: Key Structure & FVG🔻Understanding the Pattern - The chart above highlights a classic descending triangle pattern, easily visible by its series of lower highs (marked in red) and a relatively consistent demand zone acting as support. - This resistance trendline (CT—Contraction Trendline) has been tested multiple times, confirming its significance as sellers consistently respond to price rallies by pushing back from lower levels. 🔻Equilibrium and Price Exploration - Notice how price action moves from the equilibrium zone (EQ.)—the midpoint of the major move (from lows to all-time highs). This is a key area where supply and demand often rebalance - The triangle structure forms as buyers continue to find value at support, while sellers become increasingly aggressive at lower highs, compressing price action over time. 🔻Weekly Fair Value Gap (FVG) in Focus - A prominent Weekly Fair Value Gap (FVG-WTF) is identified, which price has tapped multiple times. This repeated interaction demonstrates its importance as a liquidity pocket where imbalances are re-tested and absorbed. - Each revisit to this FVG offers a valuable lesson on how strong institutional levels serve as magnets, attracting price to resolve open liquidity. This post is for educational purposes, highlighting how price structures can be interpreted without suggesting any forecast or trade.
NSE:GRAVITALong
by Averoy_Apoorv_Analysis
3
Symmetrical Triangle breakdown 🔎 Overview The Symmetrical Triangle is a contraction pattern formed when the market prints Lower Highs (LH) and Higher Lows (HL) inside two converging trendlines. After a strong impulsive bullish move (flagpole), price enters consolidation as volatility shrinks — this creates the triangle. Momentum shifts only when price breaks out of the structure. A Symmetrical Triangle is a neutral pattern that can break in either direction, allowing momentum to expand upward or downward once price closes beyond the trendline. In this chart, price breaks the lower trendline and touching the HL-Swing, confirming a bearish continuation. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📊 Chart Explanation 1️⃣ Strong Uptrend ( Flagpole ) Price starts with a sharp impulsive rally, forming the base structure before the triangle. 2️⃣ Initial Pullback → First LH + HL After the rally, price begins contracting, creating alternating Lower Highs (LH) and Higher Lows (HL). 3️⃣ Lower High Swings Multiple LH points show that buyers are losing strength on every upward attempt. 4️⃣ Higher Low Swings HL points indicate buyers defending the lower boundary, but with weaker force as the structure tightens. 5️⃣ Converging Trendlines (Triangle Structure) Upper trendline: Drawn by connecting successive LHs. Lower trendline: Drawn by connecting successive HLs. Both lines converge toward the apex, indicating decreasing volatility and market indecision. 6️⃣ Price Consolidation Zone Inside the highlighted box, candles remain tight and range-bound — a classic compression zone before breakout. 7️⃣ Breakout Confirmation Rule A valid breakout is confirmed only when a full candle closes beyond the upper or lower trendline and interacts with the nearest LH (for bullish break) or HL (for bearish break). This shows that the breakout is strong enough to violate the previous swing structure, confirming directional momentum. A full candle close below the lower trendline confirms bearish continuation. This signals sellers have regained control and trend continuation is likely. 8️⃣ Bias After Breakdown Since the prior move was strong bullish but the structure broke downwards, the pattern resolves as a bearish reversal of the short-term structure and continuation of immediate downside momentum. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 🟢 Summary Symmetrical Triangle is confirmed by alternating LH + HL swings. Trendlines converge → volatility compression. A confirmed breakdown close below the lower trendline = bearish continuation signal. Price structure and swings are correctly identified as per textbook pattern rules ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ ⚠️ Disclaimer 📘 For educational purposes only. 🙅 Not SEBI registered. ❌ Not a buy/sell recommendation. 🧠 Purely a learning resource. 📊 Not Financial Advice.
Education
by MarketAlgoBot