📊 MAHSEAMLES – Symmetrical Triangle Breakout | RSI Bullish | Volume Surge | Daily Timeframe
📅 Chart Date: June 26, 2025
📈 CMP: ₹736.55 (+7.20%)
📍 Ticker: NSE:MAHSEAMLES
🔍 Technical Analysis Overview
🔺 Symmetrical Triangle Breakout
After months of consolidation within a symmetrical triangle pattern, MAHSEAMLES has broken out with a strong bullish candle
Breakout level: Above ₹725, confirmed with strong price momentum
Breakout marks potential trend reversal and beginning of new bullish phase
📊 Volume
Volume spike to 1.77M, significantly higher than recent average – validates breakout strength
📈 RSI Indicator (14)
RSI at 65.26, trending upwards – bullish zone
Previous RSI Bullish signals noted at key turning points, providing confluence
📍 Key Technical Levels
✅ Breakout Level: ₹725
🚀 Potential Upside Targets (based on pattern height projection):
₹770
₹800
₹840+
🛡️ Support Zones:
₹700 (retest zone)
₹670 (lower trendline support)
₹635 (triangle base)
💡 Trade Setup Idea
Entry: On breakout close above ₹725 with confirmation
Stop Loss: Below ₹695 (just under triangle resistance)
Targets: ₹770 → ₹800 → ₹840+
Risk-Reward: Favorable with pattern breakout and rising momentum
⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
📅 Chart Date: June 26, 2025
📈 CMP: ₹736.55 (+7.20%)
📍 Ticker: NSE:MAHSEAMLES
🔍 Technical Analysis Overview
🔺 Symmetrical Triangle Breakout
After months of consolidation within a symmetrical triangle pattern, MAHSEAMLES has broken out with a strong bullish candle
Breakout level: Above ₹725, confirmed with strong price momentum
Breakout marks potential trend reversal and beginning of new bullish phase
📊 Volume
Volume spike to 1.77M, significantly higher than recent average – validates breakout strength
📈 RSI Indicator (14)
RSI at 65.26, trending upwards – bullish zone
Previous RSI Bullish signals noted at key turning points, providing confluence
📍 Key Technical Levels
✅ Breakout Level: ₹725
🚀 Potential Upside Targets (based on pattern height projection):
₹770
₹800
₹840+
🛡️ Support Zones:
₹700 (retest zone)
₹670 (lower trendline support)
₹635 (triangle base)
💡 Trade Setup Idea
Entry: On breakout close above ₹725 with confirmation
Stop Loss: Below ₹695 (just under triangle resistance)
Targets: ₹770 → ₹800 → ₹840+
Risk-Reward: Favorable with pattern breakout and rising momentum
⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.
Trade closed: target reached
The first resistance level has been touched. If the trend is to continue, it's important to follow a trailing stop-loss strategy and patiently wait for the price to approach the second resistance level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.