VBL — Ascending Triangle

Varun Beverages Limited · A flat ceiling with a rising floor — buyers paying up into the same resistance until it gives way.

Forming CMP ₹430.50 Scanned 2026-10-16

Ascending Triangle · Daily candles

Bullish
VBL ascending triangle pattern on daily candles with boundaries, swing pivots and target marked
StateForming
Building since2026-08-26
Boundary touches6
Upside trigger₹444.23
Downside trigger₹424.00
Away from trigger3.2%
Target if it triggers ≈₹507.74 +18%
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. A daily close above the flat resistance line, ideally on volume well above its recent average.

Target. Measure the height of the triangle at its widest point and project that distance up from the breakout level.

Invalidation. A close back below the rising support line. Once the floor breaks, the pattern is void — the rising lows were the whole argument.

🔗 More on VBL
📐 Other stocks forming an ascending triangle
Stock TF State CMP Trigger Away Target Touches
HCLTECHHCL Technologies LimitedWeekly Bullish ₹1,380.00 ₹1,384.80 0.3% ≈₹1,731.27 (+25%) 4
NYKAAFSN E-Commerce Ventures LimitedWeekly Bullish ₹345.00 ₹349.55 1.3% ≈₹441.30 (+28%) 4
PETRONETPetronet LNG LimitedDaily Bullish ₹293.00 ₹299.33 2.2% ≈₹327.39 (+12%) 4
HDFCBANKHDFC Bank LimitedDaily Bullish ₹728.85 ₹745.69 2.3% ≈₹827.86 (+14%) 7
SAGILITYSAGILITY LIMITEDWeekly Bullish ₹45.30 ₹47.81 5.5% ≈₹57.13 (+26%) 7
SHREMINVITShrem InvITDaily Bullish ₹102.00 ₹108.07 5.9% ≈₹120.10 (+18%) 7
JSWHLJSW Holdings LimitedWeekly Bullish ₹11,316.00 ₹12,229.25 8.1% ≈₹14,380.77 (+27%) 6
KPILKalpataru Projects International LimitedWeekly Bullish ₹1,364.30 ₹1,490.69 9.3% ≈₹1,756.03 (+29%) 4
NAVINFLUORNavin Fluorine International LimitedWeekly Bullish ₹8,167.00 ₹8,949.50 9.6% ≈₹11,211.12 (+37%) 5
ZYDUSLIFEZydus Lifesciences LimitedWeekly Bullish ₹1,123.00 ₹1,232.10 9.7% ≈₹1,553.09 (+38%) 7
RBLBANKRBL Bank LimitedWeekly Bullish ₹378.25 ₹429.60 13.6% ≈₹511.35 (+35%) 5

See every ascending triangle 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