Flash Finance

Ascending Channel Pattern

A steady uptrend held between two parallel rising lines.

Bullish Continuation pattern 34 stocks showing it now Scanned 2026-09-01
📊 Stocks forming an ascending channel right now
Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓

Showing 34 of 34. 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 LimitedWeekly Bullish ₹428 ₹429 0.3% ≈₹479 (+12%) 4
CHALETChalet Hotels LimitedWeekly Bullish ₹923 ₹940 1.9% ≈₹1,048 (+14%) 5
MPHASISMphasiS LimitedWeekly Bullish ₹2,511 ₹2,592 3.2% ≈₹2,977 (+19%) 8
GPPLGujarat Pipavav Port LimitedWeekly Bullish ₹169 ₹175 3.4% ≈₹199 (+17%) 7
BOSCHLTDBosch LimitedWeekly Bullish ₹48,640 ₹50,273 3.4% ≈₹58,298 (+20%) 7
MOTILALOFSMotilal Oswal Financial Services LimitedWeekly Bullish ₹1,030 ₹1,068 3.7% ≈₹1,234 (+20%) 7
360ONE360 ONE WAM LIMITEDWeekly Bullish ₹1,172 ₹1,235 5.4% ≈₹1,391 (+19%) 8
HYUNDAIHyundai Motor India LimitedWeekly Bullish ₹2,221 ₹2,341 5.4% ≈₹2,599 (+17%) 6
EICHERMOTEicher Motors LimitedWeekly Bullish ₹7,968 ₹8,409 5.5% ≈₹9,402 (+18%) 6
METROPOLISMetropolis Healthcare LimitedWeekly Bullish ₹582 ₹625 7.4% ≈₹706 (+21%) 6
TORNTPHARMTorrent Pharmaceuticals LimitedWeekly Bullish ₹4,958 ₹5,395 8.8% ≈₹6,135 (+24%) 5
MARICOMarico LimitedWeekly 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 LimitedWeekly Bullish ₹946 ₹1,032 9.1% ≈₹1,143 (+21%) 7
HERITGFOODHeritage Foods LimitedWeekly Bullish ₹362 ₹396 9.6% ≈₹446 (+23%) 7
AARTIDRUGSAarti Drugs LimitedWeekly Bullish ₹424 ₹466 9.9% ≈₹531 (+25%) 8
ULTRACEMCOUltraTech Cement LimitedWeekly Bullish ₹11,512 ₹12,661 10.0% ≈₹14,507 (+26%) 8
NAM-INDIANippon Life India Asset Management LimitedWeekly Bullish ₹1,190 ₹1,318 10.8% ≈₹1,501 (+26%) 8
MARUTIMaruti Suzuki India LimitedWeekly Bullish ₹13,392 ₹14,844 10.8% ≈₹16,849 (+26%) 8
MINDACORPMinda Corporation LimitedWeekly Bullish ₹713 ₹797 11.7% ≈₹888 (+25%) 5
RADICORadico Khaitan LimitedWeekly Bullish ₹4,499 ₹5,061 12.5% ≈₹5,763 (+28%) 7
SUPRAJITSuprajit Engineering LimitedWeekly Bullish ₹507 ₹573 13.0% ≈₹666 (+31%) 7
ATULAtul LimitedWeekly Bullish ₹6,440 ₹7,302 13.4% ≈₹8,690 (+35%) 8
SUNDARMFINSundaram Finance LimitedWeekly Bullish ₹4,547 ₹5,157 13.4% ≈₹5,855 (+29%) 6
JIOFINJio Financial Services LimitedWeekly Bullish ₹238 ₹271 14.2% ≈₹304 (+28%) 5
3MINDIA3M India LimitedWeekly Bullish ₹33,575 ₹38,407 14.4% ≈₹43,732 (+30%) 8
CARYSILCARYSIL LIMITEDWeekly Bullish ₹1,125 ₹1,303 15.8% ≈₹1,526 (+36%) 7
ABCAPITALAditya Birla Capital LimitedWeekly Bullish ₹396 ₹460 16.2% ≈₹522 (+32%) 4
IOBIndian Overseas BankWeekly Bullish ₹32.32 ₹37.85 17.1% ≈₹43.00 (+33%) 8
ARE&MAmara Raja Energy & Mobility LimitedWeekly Bullish ₹890 ₹1,044 17.2% ≈₹1,203 (+35%) 6
CHOLAFINCholamandalam Investment and Finance Company LimitedWeekly Bullish ₹1,824 ₹2,146 17.7% ≈₹2,455 (+35%) 5
BASFBASF India LimitedWeekly Bullish ₹3,775 ₹4,450 17.9% ≈₹5,073 (+34%) 7
KKCLKewal Kiran Clothing LimitedWeekly Bullish ₹500 ₹591 18.3% ≈₹690 (+38%) 4
TRIDENTTrident LimitedWeekly 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

Forming
KOTAKBANK ascending channel pattern on weekly candles, with the pattern boundaries and breakout level drawn
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
Rectangle / Trading Range (25) Descending Channel (43) All patterns →

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.

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