Flash Finance

Rectangle / Trading Range Pattern

A flat ceiling and a flat floor — price simply oscillating between two well-defended prices.

Neutral Bilateral pattern 18 stocks showing it now Scanned 2026-09-01
📊 Stocks forming a rectangle / trading range right now
Timeframe All Daily Weekly · State All Forming Broken out ↑ Broken down ↓

Showing 18 of 18. 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
JSLJindal Stainless LimitedDaily Neutral ₹737 ₹751 1.9% ≈₹806 (+9%) 7
RELIANCEReliance Industries LimitedDaily Neutral ₹1,306 ₹1,339 2.5% ≈₹1,448 (+11%) 7
DIXONDixon Technologies (India) LimitedDaily Neutral ₹14,692 ₹15,066 2.5% ≈₹16,242 (+11%) 7
TATASTEELTata Steel LimitedDaily Neutral ₹186 ₹192 3.1% ≈₹205 (+10%) 7
V2RETAILV2 Retail LimitedDaily Neutral ₹218 ₹226 3.5% ≈₹244 (+12%) 8
USHAMARTUsha Martin LimitedDaily Neutral ₹504 ₹522 3.8% ≈₹568 (+13%) 8
BPCLBharat Petroleum Corporation LimitedDaily Neutral ₹318 ₹332 4.6% ≈₹363 (+14%) 7
IGLIndraprastha Gas LimitedDaily Neutral ₹150 ₹157 4.7% ≈₹168 (+12%) 7
SCHAEFFLERSchaeffler India LimitedDaily Neutral ₹4,001 ₹4,200 5.0% ≈₹4,480 (+12%) 8
ICICIPRULIICICI Prudential Life Insurance Company LimitedDaily Neutral ₹502 ₹527 5.0% ≈₹569 (+13%) 8
CANBKCanara BankDaily Neutral ₹127 ₹134 5.9% ≈₹143 (+13%) 8
JKILJ.Kumar Infraprojects LimitedDaily Neutral ₹490 ₹522 6.4% ≈₹568 (+16%) 8
INDHOTELThe Indian Hotels Company LimitedDaily Neutral ₹713 ₹761 6.8% ≈₹796 (+12%) 8
NESTLEINDNestle India LimitedDaily Neutral ₹1,450 ₹1,552 7.0% ≈₹1,701 (+17%) 8
GRINFRAG R Infraprojects LimitedDaily Neutral ₹875 ₹939 7.3% ≈₹1,041 (+19%) 7
ICICIAMCICICI Prudential Asset Management Company LimitedDaily Neutral ₹3,068 ₹3,318 8.2% ≈₹3,560 (+16%) 7
MARUTIMaruti Suzuki India LimitedDaily Neutral ₹13,392 ₹14,794 10.5% ≈₹16,147 (+21%) 7
VSTTILLERSV.S.T Tillers Tractors LimitedDaily Neutral ₹4,316 ₹4,775 10.6% ≈₹5,114 (+18%) 8
📖 What a rectangle / trading range is

Highs cluster around one level and lows around another, with several touches of each. The result is a horizontal box.

Why it forms

Two sets of participants with fixed opinions: one selling the top, one buying the bottom. Nothing is resolved until one of them stops.

🎯 Trigger

A close outside the box. The taller and better-tested the box, the more the break matters.

📏 Target

Project the height of the box from the break in its direction.

🛑 Invalidation

Price re-entering the box after the break, which turns the move into a false breakout.
🖼 Example on a live chart

JSL — Daily

Forming
JSL rectangle / trading range pattern on daily 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.
❓ Rectangle / Trading Range FAQ
How do you trade a rectangle pattern?
Two ways. Range traders buy the floor and sell the ceiling while the box holds. Breakout traders wait for a close outside it. Doing both at once is how people get chopped up.
How many touches make a valid trading range?
At least two clear touches of each boundary, and Flash Finance requires five or more touches in total before it will label a range at all — otherwise every sideways drift qualifies.
What happens after a rectangle breaks?
Old resistance often becomes support, and the first pullback to the broken boundary is where the pattern is usually traded.
↔ Related formations
Ascending Channel (44) 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.

⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.