India, Feb. 19 -- The Descending Triangle pattern shows sellers repeatedly testing support, but an upside breakout indicates buyers have absorbed supply and gained control, signalling potential bullish momentum.

The Descending Triangle pattern consists of a horizontal support level and a downward-sloping resistance line. A breakout above the resistance trendline indicates a possible bullish reversal or continuation move.

On Wednesday, Kaynes Technology India Ltd broke above the resistance trendline of a descending triangle pattern on the 1-hour chart. Following the breakout above Rs 3,960, the stock witnessed strong buying interest. A sustained move above Rs 3,960 could lead to further upside, while a fall back below this level may weak...