India, May 18 -- An ascending triangle is a bullish chart pattern formed by rising lows and a flat resistance level. The chart shows a bullish breakout attempt above the resistance neckline. Rising trading volumes indicate increasing buying interest and suggest the possibility of a short-term upward move.

Physics Wallah moved above the important resistance level of Rs 113 on Friday and successfully held above it, making the level a strong support zone. The stock closed at Rs 113.85 on the daily chart, showing improving bullish momentum and positive price strength.

In an ascending triangle pattern, traders generally look for a breakout above the resistance level and project a target based on the height of the triangle, while strong volum...