A clean White CT that had acted as a multi-month resistance is now being engaged. Price is attempting to push above it, but the current candle is still developing — small-bodied so far, which is typical during early phases of structural tests on the weekly timeframe (WTF).
🟧 Just above lies a wick-based hindrance — a level that previously reacted with strong rejection. It's also where the current active CT had its last struggle, making it a structurally relevant zone, not something to ignore.
The base that formed in the ₹270–290 region stands out — multiple rejections without deeper breakdowns, a sign of demand stability. Volume expansion this week is notable — especially after 252 days of subdued activity — marking a shift in participation worth observing.
📌 This is not a prediction. Not a forecast. Not a trading call.
Just a structural walkthrough of what price is doing — and where attention has historically been paid.
Let the price write the story — our job is to read structure, not write headlines.
🟧 Just above lies a wick-based hindrance — a level that previously reacted with strong rejection. It's also where the current active CT had its last struggle, making it a structurally relevant zone, not something to ignore.
The base that formed in the ₹270–290 region stands out — multiple rejections without deeper breakdowns, a sign of demand stability. Volume expansion this week is notable — especially after 252 days of subdued activity — marking a shift in participation worth observing.
📌 This is not a prediction. Not a forecast. Not a trading call.
Just a structural walkthrough of what price is doing — and where attention has historically been paid.
Let the price write the story — our job is to read structure, not write headlines.
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✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Telegram ( More Charts) : t.me/hashtaghammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.