India, Feb. 20 -- A symmetrical triangle forms when price consolidates within converging highs and lows. A breakout above the upper trendline, preferably on increased volume, indicates a potential bullish move.

The chart shows that the symmetrical triangle has broken above the neckline, with price now trading higher. This confirms the bullish breakout and indicates that upward momentum may continue in the near term.

On Thursday, Choice International Ltd remained above the symmetrical triangle's neckline on the 30-minute chart, sustaining its bullish bias. A decisive move above Rs 788 level could drive further gains, while a drop below this level may signal a weakening outlook.

For a symmetrical triangle, targets are set either at immed...