MAHSEAMLES - Symmetrical Triangle Breakout

26. Juni

📊 MAHSEAMLES – Symmetrical Triangle Breakout | RSI Bullish | Volume Surge | Daily Timeframe
📅 Chart Date: June 26, 2025
📈 CMP: ₹736.55 (+7.20%)
📍 Ticker: NSE:MAHSEAMLES

🔍 Technical Analysis Overview
🔺 Symmetrical Triangle Breakout
After months of consolidation within a symmetrical triangle pattern, MAHSEAMLES has broken out with a strong bullish candle
Breakout level: Above ₹725, confirmed with strong price momentum
Breakout marks potential trend reversal and beginning of new bullish phase

📊 Volume
Volume spike to 1.77M, significantly higher than recent average – validates breakout strength

📈 RSI Indicator (14)
RSI at 65.26, trending upwards – bullish zone
Previous RSI Bullish signals noted at key turning points, providing confluence

📍 Key Technical Levels
✅ Breakout Level: ₹725
🚀 Potential Upside Targets (based on pattern height projection):
₹770
₹800
₹840+

🛡️ Support Zones:
₹700 (retest zone)
₹670 (lower trendline support)
₹635 (triangle base)

💡 Trade Setup Idea
Entry: On breakout close above ₹725 with confirmation
Stop Loss: Below ₹695 (just under triangle resistance)
Targets: ₹770 → ₹800 → ₹840+
Risk-Reward: Favorable with pattern breakout and rising momentum

⚠️ Disclaimer
This chart analysis is for educational purposes only. Always DYOR (Do Your Own Research) and consult a financial advisor before making investment decisions.

2. Juli

Trade geschlossen: Ziel wurde erreicht

The first resistance level has been touched. If the trend is to continue, it's important to follow a trailing stop-loss strategy and patiently wait for the price to approach the second resistance level.