VSTIND — Descending Triangle

VST Industries Limited · A flat floor with a falling ceiling — sellers accepting less each time until the support gives way.

Forming CMP ₹201.86 Scanned 2026-10-16

Descending Triangle · Daily candles

Bearish
VSTIND descending triangle pattern on daily candles with boundaries, swing pivots and target marked
StateForming
Building since2026-07-29
Boundary touches4
Upside trigger₹209.41
Downside trigger₹200.00
Away from trigger0.9%
Target if it triggers ≈₹175.00 -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. A daily close below the flat support line, usually with a clear pickup in volume.

Target. Take the height of the triangle at its widest and project that distance down from the breakdown level.

Invalidation. A close back above the falling resistance line, which says the sequence of lower highs has ended.

🔗 More on VSTIND
📐 Other stocks forming a descending triangle
Stock TF State CMP Trigger Away Target Touches
MRFMRF LimitedWeekly Bearish ₹122,790.00 ₹120,717.19 1.7% ≈₹100,553.61 (-18%) 7
BIRLACORPNBirla Corporation LimitedDaily Bearish ₹805.40 ₹789.95 1.9% ≈₹653.87 (-19%) 4
VRLLOGVRL Logistics LimitedDaily Bearish ₹280.50 ₹274.03 2.3% ≈₹239.58 (-15%) 7
TIMETECHNOTime Technoplast LimitedDaily Bearish ₹179.50 ₹174.68 2.7% ≈₹148.36 (-17%) 6
CIEINDIACIE Automotive India LimitedDaily Bearish ₹377.20 ₹366.90 2.7% ≈₹303.51 (-20%) 4
UJJIVANSFBUjjivan Small Finance Bank LimitedWeekly Bearish ₹63.25 ₹61.04 3.5% ≈₹45.60 (-28%) 8
RAILTELRailtel Corporation Of India LimitedWeekly Bearish ₹255.40 ₹246.45 3.5% ≈₹161.05 (-37%) 4
CANFINHOMECan Fin Homes LimitedDaily Bearish ₹732.15 ₹700.00 4.4% ≈₹545.66 (-25%) 6
DABURDabur India LimitedDaily Bearish ₹385.00 ₹368.05 4.4% ≈₹275.91 (-28%) 7
ULTRACEMCOUltraTech Cement LimitedDaily Bearish ₹10,907.00 ₹10,410.39 4.6% ≈₹7,781.47 (-29%) 6
JKCEMENTJK Cement LimitedDaily Bearish ₹4,923.00 ₹4,695.83 4.6% ≈₹3,878.09 (-21%) 7
CRISILCrisil LimitedDaily Bearish ₹4,547.90 ₹4,337.35 4.6% ≈₹3,727.29 (-18%) 6

See every descending 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