⚙️ MTAR Technologies Ltd. – Weekly Chart Analysis

1️⃣ Structure Overview The stock has been in a broad ascending triangle pattern since mid-2021. Resistance around ₹2,550–₹2,600 has been tested three times (2021, 2023, 2025). Support has been gradually rising, from ~₹1,000 to ~₹1,200 — showing higher lows, which is a bullish long-term base pattern. 🧱 Pattern type: Multi-year Ascending Triangle ⏳ Duration: ~3.5 years (very powerful base) 3️⃣ Pattern Height & Breakout Target Base height = ₹2,550 − ₹1,100 = ₹1,450 Measured move target: ₹2,550 + ₹1,450 = ₹4,000 🎯 Upside Projection: ₹3,900–₹4,100 (post-breakout) 📉 Stoploss: Weekly close below ₹2,300 (confirmation-based) 4️⃣ Volume & Momentum Recent breakout attempt is backed by sharp volume surge — confirming institutional activity. RSI (weekly) is likely trending above 60 — strong momentum confirmation. MACD and 50-week EMA crossover bullishly aligned. 6️⃣ Commentary MTAR Technologies is completing a 3-year base and approaching a multi-year breakout — a pattern similar to pre-breakout phases seen in stocks like Data Patterns, Kaynes Tech, and Paras Defence. If this breakout sustains, it can mark the beginning of a new long-term uptrend.