Multi-Timeframe Observation: BSE Ltd

• The image above presents a multi-timeframe view of BSE Ltd (NSE), with the left side displaying the Weekly Timeframe (WTF) chart and the right side showing the Daily Timeframe (DTF) chart. The weekly chart highlights the main demand and supply zones, with large upward moves originating from demand and visible percentage swings marked for clarity.

• A key observation is the Change of Trend (CT) line. On the weekly chart (left), price action repeatedly challenged but never closed above the CT, indicating resistance at this structural level. This is confirmed on the daily chart (right), where each significant upward move into the CT region is marked by red boxes—showing failed attempts to sustain above the CT and repeated rejections.

• The green box on the daily chart points to a recent bounce from demand, but the price still faces resistance at the CT as per the weekly structure. Consistent volume activity and price response across both timeframes offer a crystal clear illustration of trend dynamics and supply-demand interplay. The post is strictly an analytical observation of price structure, not a prediction or recommendation.


Disclaimer
This post is intended for observational and educational purposes only. It does not constitute financial advice or recommend any trading action. Please consult a certified financial advisor and conduct your own research before making investment decisions.