AARTIIND: Ascending Triangle Near BreakoutAARTI Industries LtdNSE:AARTIINDyatharthshah23Aarti Industries is showing a constructive ascending triangle on the daily timeframe, with price gradually making higher lows while repeatedly testing a nearly flat resistance zone around ₹505–510. This tightening price action suggests that buyers are absorbing supply. A decisive breakout above resistance could trigger the next leg higher. 📊 Technical Highlights ✅ Ascending Triangle formation ✅ Higher lows indicate increasing buying pressure ✅ Resistance tested multiple times without major rejection ✅ Price trading above the rising support trendline ✅ Breakout attempt accompanied by improving momentum Key Levels Resistance: ₹510–515 Support: ₹488–490 Major Swing Support: ₹463–465 🎯 Bullish Scenario A strong daily close above ₹510–515, preferably with above-average volume, would confirm the breakout. Potential upside: 🎯 Target 1: ₹530 🎯 Target 2: ₹550 🎯 Target 3: ₹575–580 ⚠️ Risk Failure to sustain above resistance could result in another pullback toward the ascending trendline around ₹490. A break below this support would weaken the bullish structure. Technical Summary Pattern: Ascending Triangle Trend: Short-term Bullish Timeframe: Daily Confirmation: Daily close above ₹510–515 with volume Bias: Bullish while above ₹490 Disclaimer: This analysis is shared for educational purposes only and should not be considered investment advice. Always conduct your own research and manage risk appropriately.