Is Oil India all set to zoom after forming an ascending triangle breakout? Is Oil India all set to zoom after forming an ascending triangle breakout? Nifty 50 falls in response to global cues, while this PSU stock rises roughly 4 per cent after demonstrating an ascending triangle breakout. Continue reading to learn more. Henil Shah / Tuesday, June 7, 2022 / Article rating: 4.6 Nifty 50 falls in response to global cues, while this PSU stock rises roughly 4 per cent after demonstrating an ascending triangle breakout. Continue reading to learn more.