India, Nov. 11 -- An ascending triangle is a bullish continuation pattern in technical analysis indicating a potential upward breakout. It forms when price action creates a horizontal resistance line along matching highs and a rising support trendline along higher lows. The pattern indicates that buyers are becoming progressively more aggressive, driving prices up more quickly after each dip. As price action narrows toward the upper boundary, buying momentum eventually absorbs the selling wall. A decisive breakout above horizontal resistance validates the pattern, marking a clear bullish entry signal.

Titagarh Rail Systems Ltd Chart: 4-hour Timeframe TITAGARH_3945985_2026-11-11_12-02-40

The chart clearly shows an ascending triangle pat...