Triangle
SRFSRF is exhibiting a triangle breakout, supported by a reversal and currently trading above a key support level. The stock has formed a strong bullish candle, indicating positive sentiment.
It's advisable to monitor the next trading session for confirmation of continued upward momentum. If the bullish trend persists, further price appreciation can be expected.
Given the current technical setup, there is a high probability of sustained upward movement. However, to manage risk effectively, implementing a stop-loss strategy remains essential.
Prakash Ind (D) - Coils in Major Triangle Pattern, Nearing ApexPrakash Industries is currently in a prolonged consolidation phase, trading within a large Triangle pattern that has been forming since September 2023. This pattern typically acts as a continuation of the prior trend, which in this case was a strong uptrend that began in April 2023.
The stock is now approaching the apex of this triangle, suggesting a significant price move could be imminent. The key boundaries to watch are:
- A formidable long-term resistance trendline dating back to January 2008 . This level has triggered several "fake breakouts" in the past.
- A strong support trendline established since September 2023.
Outlook: A Breakout Awaits Confirmation
The stock is likely to remain range-bound in the immediate short term. A decisive move will only occur upon a breakout or breakdown from the existing pattern, which must be confirmed by a significant increase in trading volume.
- Trading Range: Within the current pattern, the stock could oscillate between the upper resistance near ₹187 and the lower support level around ₹160 .
- Breakout Scenario 📈: A sustained breakout above the multi-year resistance on high volume would signal a continuation of the primary uptrend.
- Breakdown Scenario 📉: Conversely, a breakdown below the support trendline would invalidate the bullish continuation thesis and could lead to a significant correction.
Power Finance Corp cmp 411.15 by the Weekly Chart viewPower Finance Corp cmp 411.15 by the Weekly Chart view
- Support Zone 380 to 400 Price Band
- Resistance Zone 440 to 460 Price Band
- Price traversing within Descending Triangle pattern after ATH
- Rising Support Trendline well respected by touch points since close to 2 years
- Price seen majorly trending inside Darvas Box since Mar 2025 in a range of 380 to 440
- Volumes in close sync with avg traded qty on Daily Chart and in steady stream by Weekly Chart
Sensex - Expiry day analysis Oct 1For the past two days, the price has been moving within the range of 80200 to 80800. And today's movement has formed a triangle pattern. Unless the range is broken, the movement can be choppy. Nearby support is seen at 80000. If 80k is broken, the next support is at the 79750 to 79820 zone.
Buy above 80320 with a stop-loss of 80200 for targets of 80400, 80520, 80640, 80760, and 80880.
Sell below 79960 with a stop-loss of 80100 for the targets 79840, 79760, 79640, 79520, 79400, and 79240.
If the price does not gain strength, we can expect a range move between 80k and 80700.
Nifty - Monthly Expiry Day Analysis Sep 30The price was holding the support at the 24600 zone and moved within the range of 24600 to 24800 today, forming a descending triangle in the process. 24600 is the trend direction deciding zone now.
Buy above 24660 with the stop loss of 24610 for the targets 24700, 24740, 24800, 24840, and 24880.
Sell below 24580 with the stop loss of 24620 for the targets 24540, 24500, 24460, 24420, and 24380.
Nearby support is at 24500, and resistance is at 24800. If the price does not gain strength, it will remain within this range of 24500 to 24800.
Expected expiry day range is 24400 to 24900.
NETWEB: AI Infrastructure Goldmine ? Chart of the MonthNSE:NETWEB MarchingTowards 4,000: Is This the AI Infrastructure Goldmine You've Been Waiting For? Let's analyze in the "Chart of the Month".
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Price Action Analysis:
- Current Price: ₹3,695.40
- 52-Week Range: ₹738.60 - ₹3,745.00
- Recent Performance: +64% gain in a Month with strong momentum
- Price structure shows consistently higher highs and higher lows pattern
- Stock has demonstrated remarkable resilience with a 380% rally from its 52-week low
Volume Spread Analysis:
- Volume surge visible during recent breakout phases
- High volume of 24.25M shares traded, indicating institutional participation
- Volume expansion coinciding with price breakouts confirms genuine buying interest
- Strong volume accumulation during consolidation phases suggests smart money positioning
Chart Patterns Identified:
- Symmetrical Triangle Breakout: Successfully broken above the triangle pattern
- Ascending Triangle: Multiple resistance tests followed by decisive breakout
- Flag and Pennant Patterns: Short-term consolidation after sharp moves
Key Technical Levels:
Support Levels:
- Immediate Support: ₹3,200 (recent consolidation zone)
- Strong Support: ₹2,800 (previous resistance turned support)
- Major Support: ₹2,400 (trendline support and psychological level)
- Critical Support: ₹2,000 (long-term ascending trendline)
Resistance Levels:
- Immediate Resistance: ₹3,745 (52-week high)
- Next Resistance: ₹4,000 (psychological round number)
- Extended Resistance: ₹4,400 (measured move projection)
- Long-term Resistance: ₹5,000
Base Formation:
- Primary Base: ₹1,200-₹1,600 range (established during deep consolidation)
- Secondary Base: ₹2,400-₹2,800 range (recent re-accumulation zone)
- The stock has clearly established a strong foundation above the ₹2,400 levels
Technical Indicators Assessment:
Momentum Indicators:
- RSI is in overbought territory but showing positive divergence
- MACD showing bullish crossover with expanding histogram
- Stochastic indicates strong upward momentum
- ADX suggesting strong trending behaviour
Moving Averages:
- Price trading well above all major moving averages
- 20 EMA, 50 EMA, and 200 EMA in perfect bullish alignment
- Strong uptrend confirmed by ascending moving averages
- No signs of trend reversal in the near term
Sectoral and Fundamental Backdrop:
AI Infrastructure Sector Outlook:
- India's IndiaAI Mission with ₹10,372 crore budget creating massive opportunities
- Government's push for sovereign AI infrastructure benefiting domestic players
- Global demand for AI computing infrastructure is experiencing exponential growth
- Limited domestic competition in the high-end computing solutions space
Company-Specific Fundamentals:
- Netweb's supercomputers have appeared 15 times across three entries in the global Top 500 supercomputers ranking
- The company is almost debt-free with a market cap of ₹20,936 crore
- Recent order wins worth ₹1,734 crore for IndiaAI Mission and ₹450 crore additional order
- Order pipeline of ₹4,142.1 crore as of June 2025, excluding new mandates
Key Growth Catalysts:
- Delivery of servers built on NVIDIA's Blackwell Architecture for India's Sovereign AI System
- Expanding presence in high-performance computing and AI systems
- Strong relationships with global technology partners
- Beneficiary of the government's Digital India and AI initiatives
Financial Performance Metrics:
- Strong revenue visibility from a large order book
- Improving profit margins due to premium product offerings
- Healthy cash flows supporting future expansion
- Zero debt structure providing financial flexibility
Strategic Outlook:
- Expect continued momentum driven by the AI infrastructure theme
- News-driven volatility possible around order execution updates
- Sector rotation into a technology infrastructure play is expected
- Quarterly results will be the key catalyst for sustained momentum
- India's AI infrastructure buildout is a multi-year opportunity
- The company is well-positioned to capture significant market share
Risk Factors to Monitor:
Technical Risks:
- Overbought conditions may lead to profit-taking
- High volatility expected given the stock's momentum
- Any break below ₹3,000 would signal trend weakness
Fundamental Risks:
- Execution risk on large government orders
- Competition from global players in AI infrastructure
- Technology disruption risks in a rapidly evolving sector
- Dependence on government spending cycles
Market Risks:
- Overall market correction could impact high-beta stocks
- Sector rotation away from technology themes
- Global supply chain disruptions affecting component availability
My 2 Cents:
NSE:NETWEB presents a compelling technical setup with strong fundamental support from India's push for AI infrastructure. The stock's breakout from multiple chart patterns, combined with substantial order wins and sector tailwinds, creates an attractive risk-reward proposition. However, position sizing and disciplined risk management remain crucial given the stock's high volatility and premium valuation.
Full Coverage on my Newsletter this Week
Keep in the Watchlist and DOYR.
NO RECO. For Buy/Sell.
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As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Silver Bullish Breakout on Monthly & Weekly CharPattern Formed: Symmetrical Triangle (Long-Term Consolidation)
Breakout Type: Bullish Breakout on Monthly & Weekly Chart
Volume Confirmation: Strength in breakout with price expansion
Measured Move Target: ~$44 (based on triangle height projection)
Immediate Resistance Zone: $44.11 (Historical supply zone)
Support Levels Post-Breakout:
Immediate Support: $34.78
Strong Support: $33.28
5000 Days vs 500 Days of Data : Which is better ?Most traders jump straight into attractive chart patterns and impulsively take trades, ignoring the bigger picture. Here’s a powerful case study
Left Side: Full Monthly Chart with Hidden Resistance
On the left, the chart captures over a decade of price action, immediately drawing attention to a long-standing downward-sloping resistance stretching from all-time highs. This hidden resistance line is not visible on the usual zoomed-in view, yet it presents a formidable barrier that traders often neglect.
(Pro Insight: Always extend trendlines and resistance zones till the inception of the instrument for real swing perspective)
(Risk Reminder: What looks like a clear breakout on a recent timeframe may actually be approaching a multi-year resistance trap)
Right Side: Symmetrical Triangle – The Pattern Focus
The right segment restricts focus to the last few years, zooming in on a visually perfect symmetrical triangle. While the setup looks neat and promising—indicating contraction and likely expansion ahead—this trimmed view risks obscuring the bigger, hidden resistance directly overhead.
Disclaimer: This post reflects technical views for educational purposes only, not investment advice. Always perform your own due diligence before trading.
SCHWSCHW has recently delivered a Triangle Pattern breakout within the context of a long-term parallel channel that has been forming over several years. This convergence of patterns suggests a potential shift in momentum and a likely resumption of the broader trend.
The breakout from the triangle indicates emerging bullish sentiment, but a decisive breakout above the 2-year high is still pending. This level is a critical resistance, and once breached, it could confirm the breakout’s strength and initiate a more sustainable upward move.
Following such a breakout, a retest of the breakout zone would be a healthy technical development and could provide an ideal entry point for long-term investors.
Looking ahead, if the breakout holds and the stock maintains its trajectory, SCHW may attempt to reach the upper boundary of the outer parallel channel over the next 2–3 years, offering a favorable risk-reward setup for position traders and long-term investors.
Summary:
Pattern Identified: Triangle breakout within a long-term parallel channel
Key Resistance: 2-year high (yet to be broken)
Potential Entry: On breakout and subsequent retest
Medium/Long-Term Target: Upper edge of the outer parallel channel
Outlook: Bullish with long-term growth potential over 2–3 years
Monthly Descending Triangle & False BreakdownA descending triangle on the monthly chart shows lower highs converging toward a flat support, reflecting mounting seller pressure and key institutional interest at the horizontal base
The red counter trendline highlights corrective rallies within the broader down-sloping resistance.
The red demand zone marks where significant buying absorbed prior declines, offering a structural support area.
The white box illustrates a false breakdown below support—a liquidity-grab that shook out weak hands before a swift recovery—demonstrating how professional traders engineer stop-hunts to secure favorable entry levels.
This interplay of pattern, trendlines, demand zone, and false breakdown underscores how market structure and institutional tactics shape price action—key for informed, risk-defined decisions.
Disclaimer: For educational purposes only. Not investment advice. Risk management and independent research are vital.
Gold .....Triangle pattern in the making ?Do you see what i see ?
Marked on the above chart are two triangular patterns which are identical in nature, one already formed and one in the making . if we break the sloping trend line on the upside, the targets mentioned is possible. stoploss for the trade will be the swing low of the structure which breaks the upper trend line. Plan your trade and then trade the plan.
This is just my view. Trade according to your risk management or consult your financial consultant before taking the trade.
UltraTech Cement – Wave 4 Triangle Breakout, Wave 5 in MotionUltraTech Cement completed a higher-degree Wave 4 triangle between 12,078 and 10,047. The breakout from the E-wave low (10,047) kicked off Wave 5 .
The first breakout attempt above 12,339 was followed by a clean retest of support , keeping the structure intact.
Price is now carving out the internal subwaves of Wave 5.
Strict support / stop loss sits at 12,078 – below this, the bullish thesis fails.
RSI shows momentum rising but not yet at extreme levels – consistent with an unfolding Wave 5.
Summary:
A triangle in Wave 4 has given way to an impulsive Wave 5. As long as 12,078 holds, UltraTech Cement remains biased upward with higher targets open.
The chart will be updated as price action evolves.
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.
BANCOINDIA: BO after Consolidation, Chart of the WeekBanco Products Broke Out From a Consolidation, Continuing Its Massive Bull Run. Let's analyse in "Chart of the Week"
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Price Action Analysis:
- Banco Products has completed a consolidation phase
- The stock has demonstrated exceptional momentum with a breakout above the ₹400 levels in April 2024
- Current trading price of ₹835.60 represents a gain of over 100% from the breakout point
- Price action shows strong institutional accumulation with increasing volumes during upward moves
Volume Spread Analysis
- Volume spikes are clearly visible during key breakout moments, particularly in Q2 2024
- The highest volume bars (green) coincide with price advances, indicating genuine buying interest
- Recent volume of 36.75M shares traded shows sustained institutional participation
- Volume patterns suggest smart money accumulation rather than retail speculation
Key Technical Levels:
Base Formation:
- Multi-year base formed between ₹100-400 levels from 2022 to early 2024
- This represents a classic cup and handle pattern on the weekly timeframe
- The base provided strong support and allowed for institutional accumulation
- Depth of base (approximately 18 months) suggests a strong foundation for future moves
Support Levels:
- Primary Support: ₹650-680 (previous resistance turned support)
- Secondary Support: ₹550-580 (50% retracement of recent rally)
- Major Support: ₹400-420 (breakout zone)
- Ultimate Support: ₹300 (top of multi-year base)
Resistance Levels:
- Immediate Resistance: ₹850-870 (current highs)
- Next Resistance: ₹950-1000 (psychological round number)
- Extended Resistance: ₹1200-1250 (measured move from base)
Position Sizing:
- Allocate a maximum of 3-5% of the portfolio to a single stock
- Use the pyramiding approach: 50% on initial entry, 25% on confirmation, 25% on extension
- Risk per trade should not exceed 2% of total capital
Risk Management Rules:
- Honour stop-losses strictly without emotional interference
- Book partial profits at predetermined levels
- Reduce position size if the stock shows signs of distribution
- Monitor sector rotation and overall market conditions
Sectoral and Fundamental Backdrop:
Auto Components Sector Overview:
- India's auto component industry is driving macroeconomic growth, with the market estimated to grow by USD 259.03 billion from 2025 to 2029 at a CAGR of 37%
- The auto components sector achieved 32.8% growth in FY24, with optimism for continued strong performance
- Export revenues could soar to $100 billion by 2030 from $21 billion in 2024, at a 30% CAGR
Fundamental Strengths of Banco Products:
- Market Cap of ₹11,952 crores with revenue of ₹3,379 crores and profit of ₹433 crores
- Leading manufacturer and exporter of automotive and industrial gaskets, heat shields, and sealing solutions since 1961
- Promoter holding at 67.88% shows strong management confidence
Growth Catalysts:
- Expanding electric vehicle segment creating new opportunities
- Sector attracted ₹2,45,771 crore FDI between April 2000 and December 2024
- Export potential with global OEM partnerships
- Various Indian auto component manufacturers are entering joint ventures with foreign companies for domestic production
Risks and Challenges:
- Commodity price fluctuations affecting margins
- Global economic slowdown impacting export demand
- Competition from Chinese manufacturers
- Trading at 9.17 times book value indicates a premium valuation
Market Outlook:
Short-term Outlook (1-3 months):
- Expect consolidation in the ₹750-870 range
- Watch any dip below ₹700
- Watch for a breakout above ₹870 for the next leg up
Medium-term Outlook (3-12 months):
- Sustained institutional interest expected
- Earnings growth should support price appreciation
Long-term Outlook (1-3 years):
- Export opportunities provide additional upside
- EV transition could create new revenue streams
- Sector leadership position makes it a preferred play in the auto components space
Full Coverage on my Newsletter this Week
Keep in the Watchlist and DOYR.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FOLLOW for more
👍BOOST if you found it useful.
✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
XAUUSD - Flag PatternWhats your take on Guys.
#Institutions Consolidation going on - #Accumulation or #Distribution.
Kind of #Triangle #pattern in formation, ##Flagpattern. DO your analysis, Enter trade on Breakout and confirmation side. Trade with #confluence. i would say accumulate at bottom of pattern with SL and Participate in full swing before #Breakout.
Breakout - Looks Good On Chart - GRAPHITE📊 Script: GRAPHITE
📊 Industry: Industrial Products (Electrodes & Refractories)
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Crossover in Double Moving Averages.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
📈 In Monthly Chart It Script is forming Symmetrical triangle and about to give breakout, we can see good rally in future.
⏱️ C.M.P 📑💰- 555
🟢 Target 🎯🏆 - 578 / 597
⚠️ Stoploss ☠️🚫 - 539
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Poonawalla Fincorp (Daily) - Potential ATH ?Poonawalla Fincorp has shown a significant bullish development, decisively breaking out of a Triangle continuation pattern today. This breakout was marked by a substantial 12.30% surge in price , backed by exceptionally high trading volume.
This move signals a potential continuation of the bullish run that began in March 2025, which itself was a reversal of a downtrend initiated by a Double-Top bearish pattern in April 2024.
Bullish Confirmation Signals 👍
The positive outlook is supported by several key indicators:
- Breakout Volume: The price surge was accompanied by a massive spike in volume , indicating strong conviction and participation from buyers.
- Momentum: Short-term Exponential Moving Averages (EMAs) have formed a positive crossover , confirming the renewed bullish momentum in the immediate term.
Immediate Hurdle Ahead 🚧
Despite the strong breakout, the stock is now trading at a crucial long-term resistance level . Overcoming this barrier is essential for the upward trend to continue.
Future Outlook and Scenarios
- Bullish Case 📈: If the upward momentum is sustained and the stock successfully breaks through the current long-term resistance, it could clear the path to test its all-time high . An initial price target in this scenario would be the ₹539 level.
- Bearish Case 📉: Conversely, if the stock fails to breach this resistance, the momentum could fade, potentially leading to a price correction towards the ₹427 support level.
Watchout for the price-action in the next few sessions !!
HYUNDAI : Breakout stock (Swing pick)#HYUNDAI #swingtrade #momentumtrade #breakoutstock #trendingstock
HYUNDAI : Swing trade
>> Breakout with Volume
>> Trending Stock
>> Momentum Trade
>> Volatility contraction seen
>> Good Strength in Stock
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
At Support - Weekly Chart - TECHM📊 Script: TECHM
📊 Industry: IT - Software (Computers - Software & Consulting)
Key highlights: 💡⚡
📈On Weekly Chart Script is forming symmetrical triangle and trading near support line.
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving Crossover
📈 Right now RSI is around 58.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1547
🟢 Target 🎯🏆 - 1612 / 1655
⚠️ Stoploss ☠️🚫 - 1499
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂






















