Ascending Channel Pattern
A steady uptrend held between two parallel rising lines.
Bullish
Continuation pattern
44 stocks showing it now
Scanned 2026-09-01
📊 Stocks forming an ascending channel right now
Showing 44 of 44. Trigger is the price a daily close must clear for the pattern to complete; Target is the measured move it projects, marked ≈ while the break has not happened yet.
| Stock | TF | State | CMP | Trigger | Away | Target | Touches |
|---|---|---|---|---|---|---|---|
| KOTAKBANKKotak Mahindra Bank Limited | Weekly | Bullish | ₹428 | ₹429 | 0.3% | ≈₹479 (+12%) | 4 |
| CHALETChalet Hotels Limited | Weekly | Bullish | ₹923 | ₹940 | 1.9% | ≈₹1,048 (+14%) | 5 |
| MPHASISMphasiS Limited | Weekly | Bullish | ₹2,511 | ₹2,592 | 3.2% | ≈₹2,977 (+19%) | 8 |
| GPPLGujarat Pipavav Port Limited | Weekly | Bullish | ₹169 | ₹175 | 3.4% | ≈₹199 (+17%) | 7 |
| BOSCHLTDBosch Limited | Weekly | Bullish | ₹48,640 | ₹50,273 | 3.4% | ≈₹58,298 (+20%) | 7 |
| PGINVITPOWERGRID Infrastructure Investment Trust | Daily | Bullish | ₹100 | ₹104 | 3.7% | ≈₹113 (+13%) | 7 |
| MOTILALOFSMotilal Oswal Financial Services Limited | Weekly | Bullish | ₹1,030 | ₹1,068 | 3.7% | ≈₹1,234 (+20%) | 7 |
| SUPREMEINDSupreme Industries Limited | Daily | Bullish | ₹3,581 | ₹3,746 | 4.6% | ≈₹4,026 (+12%) | 8 |
| GRASIMGrasim Industries Limited | Daily | Bullish | ₹3,311 | ₹3,468 | 4.8% | ≈₹3,771 (+14%) | 8 |
| JSWDULUXJSW Dulux Limited | Daily | Bullish | ₹3,146 | ₹3,298 | 4.8% | ≈₹3,584 (+14%) | 8 |
| 360ONE360 ONE WAM LIMITED | Weekly | Bullish | ₹1,172 | ₹1,235 | 5.4% | ≈₹1,391 (+19%) | 8 |
| UNIONBANKUnion Bank of India | Daily | Bullish | ₹186 | ₹196 | 5.4% | ≈₹213 (+14%) | 8 |
| HYUNDAIHyundai Motor India Limited | Weekly | Bullish | ₹2,221 | ₹2,341 | 5.4% | ≈₹2,599 (+17%) | 6 |
| EICHERMOTEicher Motors Limited | Weekly | Bullish | ₹7,968 | ₹8,409 | 5.5% | ≈₹9,402 (+18%) | 6 |
| VINATIORGAVinati Organics Limited | Daily | Bullish | ₹1,320 | ₹1,403 | 6.3% | ≈₹1,511 (+14%) | 6 |
| EMBASSYEmbassy Office Parks REIT | Daily | Bullish | ₹437 | ₹466 | 6.5% | ≈₹505 (+16%) | 8 |
| PIDILITINDPidilite Industries Limited | Daily | Bullish | ₹1,643 | ₹1,759 | 7.1% | ≈₹1,902 (+16%) | 5 |
| METROPOLISMetropolis Healthcare Limited | Weekly | Bullish | ₹582 | ₹625 | 7.4% | ≈₹706 (+21%) | 6 |
| TORNTPHARMTorrent Pharmaceuticals Limited | Weekly | Bullish | ₹4,958 | ₹5,395 | 8.8% | ≈₹6,135 (+24%) | 5 |
| MARICOMarico Limited | Weekly | Bullish | ₹837 | ₹912 | 9.0% | ≈₹1,020 (+22%) | 7 |
| LALPATHLABDr. Lal Path Labs Ltd. | Weekly | Bullish | ₹1,897 | ₹2,068 | 9.0% | ≈₹2,366 (+25%) | 8 |
| KFINTECHKfin Technologies Limited | Weekly | Bullish | ₹946 | ₹1,032 | 9.1% | ≈₹1,143 (+21%) | 7 |
| HERITGFOODHeritage Foods Limited | Weekly | Bullish | ₹362 | ₹396 | 9.6% | ≈₹446 (+23%) | 7 |
| UNITDSPRUnited Spirits Limited | Daily | Bullish | ₹1,484 | ₹1,627 | 9.6% | ≈₹1,776 (+20%) | 7 |
| AARTIDRUGSAarti Drugs Limited | Weekly | Bullish | ₹424 | ₹466 | 9.9% | ≈₹531 (+25%) | 8 |
| ULTRACEMCOUltraTech Cement Limited | Weekly | Bullish | ₹11,512 | ₹12,661 | 10.0% | ≈₹14,507 (+26%) | 8 |
| NAM-INDIANippon Life India Asset Management Limited | Weekly | Bullish | ₹1,190 | ₹1,318 | 10.8% | ≈₹1,501 (+26%) | 8 |
| MARUTIMaruti Suzuki India Limited | Weekly | Bullish | ₹13,392 | ₹14,844 | 10.8% | ≈₹16,849 (+26%) | 8 |
| ANANTRAJAnant Raj Limited | Daily | Bullish | ₹595 | ₹662 | 11.3% | ≈₹732 (+23%) | 7 |
| MINDACORPMinda Corporation Limited | Weekly | Bullish | ₹713 | ₹797 | 11.7% | ≈₹888 (+25%) | 5 |
| RADICORadico Khaitan Limited | Weekly | Bullish | ₹4,499 | ₹5,061 | 12.5% | ≈₹5,763 (+28%) | 7 |
| SUPRAJITSuprajit Engineering Limited | Weekly | Bullish | ₹507 | ₹573 | 13.0% | ≈₹666 (+31%) | 7 |
| ATULAtul Limited | Weekly | Bullish | ₹6,440 | ₹7,302 | 13.4% | ≈₹8,690 (+35%) | 8 |
| SUNDARMFINSundaram Finance Limited | Weekly | Bullish | ₹4,547 | ₹5,157 | 13.4% | ≈₹5,855 (+29%) | 6 |
| JIOFINJio Financial Services Limited | Weekly | Bullish | ₹238 | ₹271 | 14.2% | ≈₹304 (+28%) | 5 |
| 3MINDIA3M India Limited | Weekly | Bullish | ₹33,575 | ₹38,407 | 14.4% | ≈₹43,732 (+30%) | 8 |
| CARYSILCARYSIL LIMITED | Weekly | Bullish | ₹1,125 | ₹1,303 | 15.8% | ≈₹1,526 (+36%) | 7 |
| ABCAPITALAditya Birla Capital Limited | Weekly | Bullish | ₹396 | ₹460 | 16.2% | ≈₹522 (+32%) | 4 |
| IOBIndian Overseas Bank | Weekly | Bullish | ₹32.32 | ₹37.85 | 17.1% | ≈₹43.00 (+33%) | 8 |
| ARE&MAmara Raja Energy & Mobility Limited | Weekly | Bullish | ₹890 | ₹1,044 | 17.2% | ≈₹1,203 (+35%) | 6 |
| CHOLAFINCholamandalam Investment and Finance Company Limited | Weekly | Bullish | ₹1,824 | ₹2,146 | 17.7% | ≈₹2,455 (+35%) | 5 |
| BASFBASF India Limited | Weekly | Bullish | ₹3,775 | ₹4,450 | 17.9% | ≈₹5,073 (+34%) | 7 |
| KKCLKewal Kiran Clothing Limited | Weekly | Bullish | ₹500 | ₹591 | 18.3% | ≈₹690 (+38%) | 4 |
| TRIDENTTrident Limited | Weekly | Bullish | ₹24.13 | ₹28.99 | 20.1% | ≈₹33.47 (+39%) | 7 |
📖 What an ascending channel is
Highs and lows both rise at roughly the same rate, so the two boundaries stay parallel rather than converging.
Why it forms
An orderly trend. Buyers step in reliably at the lower rail and sellers take profits at the upper one, and both keep doing it at higher prices.
🎯 Trigger
Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration.
📏 Target
While the channel holds, the opposite rail. If it breaks down, project the channel width from the break.
🛑 Invalidation
A sustained close below the lower rail.
🖼 Example on a live chart
KOTAKBANK — Weekly
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.
❓ Ascending Channel FAQ
Is an ascending channel bullish?
Yes, while it holds. It is the picture of a healthy uptrend. The risk is buying near the upper rail, where reward to the next touch is smallest.
What is the difference between an ascending channel and a rising wedge?
Parallel versus converging boundaries. The channel is a trend in good health; the wedge is one running out of momentum. They point in opposite directions.
How do you trade an ascending channel?
Usually by buying pullbacks to the lower rail with a stop just below it, and trimming into the upper rail — not by chasing strength in the middle of the range.
↔ Related formations
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.
