AIIL — Ascending Channel

Authum Investment & Infrastructure Limited · A steady uptrend held between two parallel rising lines.

Forming CMP ₹571.90 Scanned 2026-10-16

Ascending Channel · Daily candles

Bullish
AIIL ascending channel pattern on daily candles with boundaries, swing pivots and target marked
StateForming
Building since2026-09-02
Boundary touches8
Upside trigger₹586.86
Downside trigger₹531.11
Away from trigger2.6%
Target if it triggers ≈₹646.01 +13%
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.

Trigger. Inside the channel, the lower rail is the support 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.

Descending Channel · Weekly candles

Bearish
AIIL descending channel pattern on weekly candles with boundaries, swing pivots and target marked
StateForming
Building since2026-07-26
Boundary touches8
Upside trigger₹578.18
Downside trigger₹479.55
Away from trigger16.1%
Target if it triggers ≈₹390.95 -32%

Trigger. Inside the channel, the lower rail is the support 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.

🔗 More on AIIL
📐 Other stocks forming an ascending channel
Stock TF State CMP Trigger Away Target Touches
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PVRINOXPVR INOX LimitedWeekly Bullish ₹1,401.00 ₹1,426.40 1.8% ≈₹1,720.52 (+23%) 7
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MINDSPACEMindspace Business Parks REITDaily Bullish ₹494.66 ₹529.63 7.1% ≈₹576.03 (+16%) 7
SHREMINVITShrem InvITWeekly Bullish ₹102.00 ₹109.21 7.1% ≈₹121.33 (+19%) 7
EMBASSYEmbassy Office Parks REITDaily Bullish ₹434.98 ₹465.97 7.1% ≈₹505.72 (+16%) 7
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See every ascending channel found today →

📚 Today's chart books (PDF)

About the chart books →

Educational only. Prepared with AI assistance and reviewed by our editors; still check prices and levels yourself. Not investment advice.

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.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI