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Eris Lifesciences Ltd: Symmetrical Triangle FormationEris Lifesciences Ltd . is currently exhibiting a Symmetrical Triangle Pattern on its daily chart. This pattern is characterized by converging trendlines formed by lower highs and higher lows, indicating a period of consolidation. While symmetrical triangles often serve as continuation patterns, they can also signal potential reversals, depending on the breakout direction. The pattern's apex is approaching, suggesting that a breakout—either upward or downward—is imminent. It's crucial to monitor the breakout closely, as the direction will determine the subsequent trading strategy. 📉 RSI Analysis: Indicating Sideways Momentum The RSI for Eris Lifesciences is currently below 50, indicating a neutral to bearish momentum. This suggests that the stock is in a sideways trend, with neither bulls nor bears gaining a clear advantage. Such conditions are typical during consolidation phases, reinforcing the current symmetrical triangle pattern. 🕯️ Candlestick Insight: Doji Formation Recently, multiple doji candlestick with long legs has formed, signaling indecision in the market. A Doji occurs when the opening and closing prices are nearly identical, reflecting a balance between buying and selling pressures. The long wicks indicate that both bulls and bears attempted to take control but failed, leaving the market in a state of equilibrium. This formation suggests that significant market participants are awaiting a catalyst to drive the next move, making it a critical point to observe for potential breakout confirmation. 🧠 Strategic Outlook: Awaiting Breakout Confirmation Given the current technical indicators—a symmetrical triangle pattern, neutral RSI, and a doji candlestick—it's prudent to adopt a wait-and-see approach. The next significant move will depend on the breakout direction from the triangle: Bullish Scenario: A breakout above the upper trendline, accompanied by increased volume and a rising RSI, would suggest a continuation of the uptrend. Bearish Scenario: Conversely, a breakdown below the lower trendline, with declining volume and a falling RSI, would indicate a potential reversal to the downside. In both scenarios, it's essential to wait for confirmation through volume and momentum indicators before entering a position. 📌 Conclusion Eris Lifesciences Ltd. is at a pivotal juncture. The formation of a symmetrical triangle, coupled with a neutral RSI and a doji candlestick, points to a period of consolidation. Traders should remain vigilant for a breakout in either direction, using volume and momentum indicators to confirm the move before making trading decisions. As always, it's advisable to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
NSE:ERIS
by Arvind_Share_Academy
Route Mobile – Ascending Triangle Breakout Ahead on 1H timeframeRoute Mobile is showing strong technical momentum with an Ascending Triangle Breakout visible on the 1-hour chart. Price has broken above the resistance zone with notable volume support, signaling bullish strength. Upside Potential: ~6% and possibly more if momentum sustains Trigger Point: Breakout above resistance confirms fresh buying interest Why this is significant: The Ascending Triangle is a bullish continuation pattern. It forms when buyers steadily push prices higher with rising lows, while resistance holds firm. Once the resistance is decisively broken, it often unlocks strong upside potential as trapped sellers exit and fresh buyers enter with momentum. Upside projection is based on the triangle’s height added to the breakout level, aligning with a potential 6% move. If volume sustains above breakout, there could be even more room for price appreciation. 🔎 Key takeaway: Breakout already in play, and Route Mobile looks poised for strong short-term momentum.
BSE:ROUTELong
by Jeevyog
US 10Y Yield – Wave 4 Pause Before the Final SurgeDisclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions. The Setup The US 10-year yield has been consolidating after topping near 5.021%. Price action since then has formed a contracting structure that looks very much like a Wave 4 triangle . At present, yields hover near 4.0% — a crucial pivot. Triangle view: Wave 4 is complete, setting the stage for Wave 5 higher. Flat view: If yields break below 4.0%, Wave 4 may stretch deeper into a flat correction, potentially testing 3.6–3.7%. Either way, the Elliott script points to one more advance: Wave 5 up . What Wave 5 Could Mean If the US 10-year yield really enters Wave ⑤ up, buckle up: Bond prices tank → inverse relation, so Treasuries bleed. Equities feel the heat → higher yields = expensive valuations, especially for growth stocks. Dollar flexes → global FX could see USD strength. Borrowing costs bite → mortgages, corporate loans, government debt servicing all tighten. In short: Wave ⑤ = a macro “stress test .” Why India Should Care A breakout in US yields rarely stays a US-only story. For India, it means: FII outflows as global funds chase safer US returns INR under pressure , increasing imported inflation risks Indian bond yields rising , even without RBI action Equity market stress , especially in IT and rate-sensitive sectors Final Thoughts The triangle scenario points to an imminent breakout above 5.0%. A deeper flat only delays it. For traders and investors, this is the chart to watch — because Wave 5 in US yields isn’t just a bond market story, it’s a global macro shockwave .
TVC:US10YLong
by WaveXplorer
Adani Power (Daily Timeframe) - Bullish BreakOut or NotAdani Power has been in an uptrend since Nov 2024 & has formed a Triangle pattern. The past two days it has BrokenOut of the Triangle pattern with exceptionally huge volume indicating buyer interest. Short-term EMAs are in PCO state as well as the stock has breached two major resistance trendlines asserting Bullishness. A Golden Cross-over has formed since few days, indicating Bullishness We may see levels of 749 if the momentum continues as well as a major resistance trendline is breached. It may go down to 583 levels if momentum is not sustained. Keep monitoring the price-action !!
NSE:ADANIPOWERLong
by Learn_with_Pth0mas
Precision Camshafts (Daily Timeframe) - Momentum Or NotPrecision Camshafts is on a bullish rally since yesterday, gaining +39.29%. Key observations to note are that since the ATH in Dec 2024, the stock was in a downtrend which has reversed since Apr 2025, as the stock been forming Higher Lows. and a Triangle pattern is formed as shown. Since the past two sessions, the stock is able to BreakOut of the Triangle pattern as well as BreakOut of the Daily resistance trendlines with huge volumes, showing buyer interest. On an upside, if the momentum continues, we may see the stock go to 290 levels. If the stock is unable to sustain the momentum and goes down, we may see 168 levels. Price-action in the coming days will dictate how the stock goes forward. Keep monitoring !!
NSE:PRECAMLong
by Learn_with_Pth0mas
Surana T&P (Daily Timeframe) - Will it make new ATH?Surana has formed a Triangle formation which it Broke-Out last week confirming a bullish momentum. Short-term EMAs are in a PCO state. Today the stock opened Gap-up and formed a strong bullish candle (16.86%) with huge volume. A Golden Cross-over in both EMAs and DMAs may form in the coming days, which is a bullish signal, confirming the momentum. On upside the stock may reach 37 levels if the momentum continues. If the stock is unable to sustain momentum, then we may see the levels of 17 on the downside. Price-action is what we need to keep monitoring!!
NSE:SURANAT&PLong
by Learn_with_Pth0mas
Perfect Symmetrical Triangle Chart Pattern💡 Chart Pattern Education Symmetrical triangles are powerful continuation patterns that form when buyers and sellers reach equilibrium. The converging trendlines create a coiling effect, building pressure for the next major directional move. Studies show 68-75% success rate when traded with proper volume confirmation. ⚡ Matching the Chart shown and the above definition ✅ Higher lows trend intact on support trendline ✅ Lower highs forming clean resistance line ✅ Consolidation phase showing market indecision ✅ Volume declining as expected in triangle patterns ✅ Multiple timeframe confirmation visible Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Trading involves risk, and past performance is not indicative of future results. Traders should conduct their own due diligence and consider their risk tolerance before making any trading decisions
NSE:E2ELong
by Averoy_Apoorv_Analysis
Viviana Power Tech – Where Fundamentals Fuel the Breakout?Viviana Power Tech Ltd, based in Gujarat, operates in the power transmission and distribution EPC space, offering services like EHV substations, underground cabling, and testing/commissioning. The company has shown rapid expansion in revenue and profitability, riding on India’s growing power infrastructure demand. Fundamental Analysis Financial Performance Revenue Growth: From ₹66 crore (FY24) to ~₹235 crore TTM, reflecting a 250%+ YoY growth. Net Profit: Jumped from ₹7 crore (FY24) to ~₹22 crore TTM. EPS (TTM): ~₹28–35 depending on consolidation basis. Key Ratios P/E Ratio: ~34–36× (slightly expensive compared to sector peers). P/B Ratio: ~12.5× (stretched valuations). ROE / ROCE: Strong at ~28–31%, respectively. Debt-to-Equity: Moderate at ~0.48. Promoter Holding: ~70.3% (indicating strong skin in the game). Outlook Strengths: Explosive revenue and profit growth, high return ratios, strong order book visibility. Risks: Expensive valuations, thin dividend track record, seasonal volatility in September. Technical Analysis Pattern Formation: The stock has been consolidating inside a symmetrical triangle since June, and has now given a breakout with strong bullish candles. Key Levels: Close Above Zone: ₹1,290 – A decisive breakout level. Immediate Resistances: R1: ₹1,400 R2: ₹1,495 R3: ₹1,650 Support/Reversal Zone: ₹1,127 – ₹1,187 Momentum: The breakout with a ~4.7% surge on above-average volumes suggests the beginning of a fresh upward trend. Trend Outlook: If the stock sustains above ₹1,290, momentum traders can eye ₹1,400–₹1,495 in the near term, with ₹1,650 as a medium-term target. A fall below ₹1,187 may invalidate the bullish view. Techno-Fundamental Verdict Viviana Power Tech stands out as a high-growth mid-cap in the power EPC sector with strong fundamentals, backed by robust ROE and revenue expansion. The recent technical breakout from consolidation adds a bullish confirmation, suggesting renewed investor interest. For Investors: Attractive for long-term growth seekers, but valuation is expensive—advisable to accumulate on dips near support zones. For Traders: Sustaining above ₹1,290 opens the door for a rally toward ₹1,400–₹1,495 in the short term. Stop-loss should be placed below ₹1,180 for risk management. Conclusion: Viviana is a growth-driven, high-potential, but richly valued stock. Fundamentals indicate strength, and the technical chart signals bullish continuation. A balanced approach—combining staggered investment with tactical trading entries—may offer the best risk-reward. Disclaimer: lnkd.in
NSE:VIVIANA
by Alice Blue
Breaking Out of Falling Wedge and Symmetrical TriangleNSE:SYRMA is breaking out of Falling Wedge and Symmetrical Triangle Breakout on Weekly TF. With 2nd Best Weekly Volumes. NSE:SYRMA is a Chennai-based engineering and design company engaged in electronics manufacturing services (EMS). The company provides integrated services and solutions to original equipment manufacturers (OEMs) from the initial product concept stage to volume production through concept co-creation and product realization. Recently it posted good Q2 FY 24-25 Results, posting a 30% Y/Y rise in Q2 consol profit after tax. The auto and healthcare businesses led growth in Q2 and will drive future growth further ahead. Also, expect a recovery in margins fuelled by higher exports and design and manufacturing businesses. NSE:SYRMA faces margin challenges as the consumer segment, which comprises 35%—38% of topline, operates with lower margins, and they are aiming to lower the segment's share further. One can wait for a retracement or ride the momentum with the current week candle as stop loss. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational 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.
NSE:SYRMALong
by Karanshah137
2
DEVYANI - TRINGLE BREAKOUTDevyani Intl – Triangle Breakout Loading? 🚀 📊 Stock Analysis: Devyani International Ltd (NSE: DEYANI) 🔹 Technical Overview Pattern: Symmetrical Triangle breakout attempt visible on daily charts. Price has tested the upper resistance trendline multiple times (₹190–₹195 zone) and is now trading above short-term EMAs. Key Support Levels : ₹165, ₹150 Immediate Resistance Levels: ₹185, ₹195 (major breakout zone) Indicators: RSI (14): 66.5 → Positive momentum, but near overbought levels. EMA Cluster (20/50/100/200): Price trading above all key EMAs – strong short-term bullish signal. Volume: Breakout supported with above-average volumes (5.3M vs 3.1M avg). ➡️ A sustained close above ₹185–₹190 could trigger a rally towards ₹200–₹210. 🔹 Fundamental Snapshot Business Model: Devyani International Ltd is the largest franchisee of Yum! Brands in India, operating KFC, Pizza Hut, and Costa Coffee. Growth Drivers: Rapid store expansions (targeting Tier II/III cities). Rising QSR demand in India with improving urban disposable income. Long-term industry tailwinds in organized food retail. Risks: Margin pressures due to inflation in raw materials. Intense competition in QSR space (Domino’s, McDonald’s, Burger King). High dependence on discretionary consumer spending. 🔹 Trading Strategy Short-Term (1–3 weeks): Buy on dips near ₹170–₹175, SL below ₹165. Target: ₹190 / ₹200. Medium-Term (2–3 months): If breakout above ₹195 holds with volume, positional target can be ₹220+. Risk Management: Keep SL below triangle support (₹160) for positional trades. 🔹 Sentiment & Outlook 📈 With improving consumer demand and strong expansion plans, Devyani remains a long-term growth story in India’s QSR sector. Current technical setup indicates a potential breakout rally if momentum sustains above ₹185–₹190. ⚡ Conclusion: 👉 Stock is at a make-or-break zone. Sustained move above ₹190 could unlock fresh highs, while failure may keep it in consolidation within the triangle.
NSE:DEVYANILong
by vkj123
Gold Daily Chart – Ascending Triangle Breakout!Gold has formed a strong ascending triangle pattern on the daily timeframe. The price has successfully broken above the resistance zone, confirming bullish momentum. Such patterns generally indicate continuation of the uptrend, especially when supported by volume and strong price action. Chart Observation: As long as price holds above 3,450, the bullish setup remains valid. A retest of the breakout zone can provide the best risk-to-reward entry opportunity. Traders should keep an eye on volume confirmation while entering trades. Note: If levels sustain and setup remains intact, I will share live trade updates in real time. Stay tuned. Disclaimer: This analysis is for educational purposes only. Please do your own research or consult your financial advisor before taking trades.
TVC:GOLDLong
by TraderRahulPal
LTIM: The Final Squeeze – Breakout or Breakdown?LTIMINDTREE: The Big Squeeze! ⚡ Which Way? 🐂🐻 Timeframe: Daily Trade Type: Swing/Positional Pure Price Action Setup: LTIMINDTREE is compressing into a textbook Symmetrical Triangle on the daily chart. This is a classic consolidation pattern where the market is building energy for a significant breakout. Volatility is collapsing into a tight apex! Key Decision Levels: Bullish Trigger: A decisive daily close above 5350 (the recent upper trendline resistance). Bearish Trigger: A decisive daily close below 5067 (the rising lower trendline support). The Trade Plan: 👉 BULLISH BREAKOUT Scenario 🐂 Entry: On a close above 5350. Confirmation: A significant increase in volume on the breakout candle should confirm buyer commitment. Target 1: 5554 (Previous major high) Final Target: 6042 (All-Time High & Pattern Confluence) SL: Below the breakout candle or the lower trendline. 👉 BEARISH BREAKDOWN Scenario 🐻 Entry: On a close below 5067. Confirmation: A noticeable spike in volume on the breakdown would validate seller dominance. Target 1: 4939 (Initial support zone) Final Target: 3767 (Major Swing Low & Pattern Confluence) SL: Above the breakdown candle or the upper trendline. Pattern Depth & Significance: The triangle's maximum depth is measured from its origin: the high of 6042 (Feb 5) to the low of 3767 (Apr 7). This is a 2,275-point range. In percentage terms, that's a ~60.3% move from high to low. Why this matters: The energy stored in a pattern of this scale suggests the resulting breakout could be powerful and sustained. Always trail your stop loss after Target 1 is hit! 🔒 Risk Management is NON-NEGOTIABLE! This is a high-risk, high-reward setup. Your stop loss is your best friend. 📜 Disclaimer: This is an educational example of technical analysis and NOT financial advice. Trading carries a high level of risk. You should consider whether you can afford to take the risk of loss. Perform your own research before making any trade decisions. Like & Boost if this clear analysis helps you! ✅ Follow for more pure price action trade ideas! 😊
NSE:LTIM
by Alert_Trader
Granules India: Critical Descending TriangleGranules India Limited presents a descending triangle pattern on the weekly chart. The price has moved from the established support zone near ₹440-450 and is currently challenging the resistance trendline around ₹492.25. This movement appears with a marked increase in trading volume, highlighting the level where buyers and sellers are most active. Pattern Character A descending triangle pattern is identified by a series of lower highs against a stable support base. Granules India’s recent action displays persistence at support and upward momentum toward resistance. The volume expansion indicates notable participation during the current move. Chart Observation Price action above the triangle’s resistance can indicate a change in the prevailing sentiment if confirmed by continued volume. The current structure and market activity are being closely watched by participants for further development. No forecast or recommendation is made within this post.
NSE:GRANULESLong
by Averoy_Apoorv_Analysis
WTI Crude Oil Descending Triangle Pattern WTI is forming a Descending Triangle pattern near recent support. 📊 Technicals : Flat base with lower highs compressing price action. 🔎 Key Levels: Breakdown below support 65 Leads To bearish continuation; bounce above resistance 71 Leads To reversal setup. ⚠ Risk View: Energy fundamentals remain mixed — confirmation with volume is essential. 👉 Tactical takeaway: Wait for a breakout from the triangle before committing directionally.
OANDA:WTICOUSDLong
by Punit190
PHOENIXLTD: Symmetrical Triangle at Weekly Support ₹1400Chart Pattern: On the weekly chart, Phoenix Ltd. is forming a triangle consolidation pattern after a strong prior uptrend. The descending trendline (red) is acting as resistance. A strong horizontal support zone near ₹1400 (green) has been tested multiple times, showing buyers’ interest at this level. Price action is currently squeezing inside the triangle , indicating that a big breakout move may be near. Technical View Support Zone : ₹1400 (strong base, tested multiple times). Resistance Trendline : Descending resistance capping the upside. Volume : Watch for a surge in volume to confirm breakout direction. Breakout Levels : Bullish breakout above the descending trendline could open up targets towards ₹1600–₹1700. Be arish breakdown below ₹1400 may lead to downside towards ₹1280–₹1250. What do you think? Will Phoenix Ltd. break upwards or downwards? Drop your views below! Disclaimer : This analysis is for educational purposes only, not financial advice. Please do your own research before investing.
NSE:PHOENIXLTD
by pmdatia