OFSS | Symmetrical Triangle | BreakOut |Daily

Got it! I see the **ORACLE FIN SERV SOFT LTD** chart.

Let’s break down what we’re seeing:

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**🔍 Pattern Observed:**

✅ **Symmetrical Triangle / Ascending Triangle:**
The chart shows an **ascending triangle breakout** pattern — higher lows and horizontal resistance. Volume is starting to increase, suggesting an upcoming move.

✅ **Base Formation:**

* There was a **rectangle base** (accumulation zone) from March to April 2025, marked with a box.
* Post breakout from this rectangle (around 8,000 zone), the stock formed higher lows, consolidating into the triangle.

✅ **Resistance:**

* Horizontal resistance around ₹8,913.15 – key breakout level.
* Once price closes above this zone with volume, the pattern confirms.

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**📈 Measured Move Target:**

* Height of the triangle / base: \~₹1,000
* Breakout level: \~₹8,900
* **Target:** ₹8,900 + ₹1,000 = **₹9,900 – ₹10,000** zone

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**🔧 Indicators:**

* Volume increased during the breakout attempt – bullish sign.
* EMAs are starting to converge; above EMA-21 and EMA-55, showing short-term trend strength.

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**✅ Conclusion:**

* **ORACLE FIN SERV SOFT LTD** is attempting an ascending triangle breakout.
* Confirmation comes with a strong close above ₹8,913 on increased volume.
* Target potential: ₹9,900 – ₹10,000.

Would you like me to highlight support/resistance, trendlines, and add potential trade setups (stop-loss/target zones) for this breakout? Let me know! 🚀📊