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Head & Shoulders Meets a Historic Fair Value GapThe monthly chart presents a textbook sequence of price action events Beginning with the formation of a Fair Value Gap (FVG) — an imbalance zone (highlighted in orange) created by the most significant single candle in the stock's entire monthly history. Such gaps represent areas of price inefficiency where the market moved so aggressively in one direction that little to no two-sided trading occurred. Following this, the structure developed a Higher High, Higher Low sequence — the defining characteristic of a bullish trending structure — suggesting buyers were in control of the price ladder. However, price subsequently experienced a sharp, impulsive decline , disrupting the prevailing trend. This was followed by a Lower High, a critical structural shift signalling weakening bullish momentum. Taken together — the initial peak, the sharp drop, the recovery into a lower high, and the final breakdown — the pattern fulfils the classical definition of a Head & Shoulders (H&S) formation. The neckline, marked with the red horizontal line, acted as the key structural threshold. Once price breached this level with conviction, the breakdown was confirmed. Price has since migrated into the previously identified Fair Value Gap, an area the market had yet to revisit since its origin — a confluence that makes this zone a significant area of price interest from a purely technical standpoint. The overlap of a classical reversal pattern with a historically significant imbalance zone creates a notable structural narrative on the monthly timeframe. ⚠️ Disclaimer: This post is purely educational and observational in nature. It is not a forecast, trade recommendation, or financial advice of any kind. All content reflects technical price action analysis only. Past price behavior is not indicative of future results
NSE:MOTISONSLong
by Averoy_Apoorv_Analysis
Nifty 50: Under Never Ending Compression - WHAT'S NEXT?Since the beginning of June 2026, the Nifty 50 has been under a never-ending range-bound compression. The price structure is forming lower lows and lower highs. However, there is no clarity of the real trend. Price has been extremely volatile for a few days. Every time the index falls, there is sharp buying, and every time it rises, the bulls are again demotivated. Taking into consideration the trend, bulls seem to be net losers. Technically, the non-directional traders and bears are winning the game. However, nothing ever lasts forever. So, What's next when the price is out of the compression phase? Bullish Relief: The first condition for bullishness is the price sustainability above the level 23375. Price must form higher-highs and lower-lows structure above the level 23375. There might be a weak bullish move till the level 23500. There will be strong resistance at the level 23500. Next, if the price sustains above the level 23500, then strong and confident bullishness might be observed. The probable strong bullish target above the level 23500 would be 23625. Bearish Continuation: The level 23125 is a weak support. If price breaks down below the level 23125, then a weak bearish move might be observed till the level 23000. Level 23000 would offer good support. Next, if the price again breaks down below the level 23000, then heavy selling will be observed. In this case, the price might be observed to fall to 22875 and beyond. No Trading Zone (NTZ): (23375 - 23125). Here, the level 23250 is the median. If price sustains above the level 23250, then there will be a higher probability of the price reaching the level 23375 and offering a breakout. On the contrary, if the price sustains below the level 23250, then there will be a higher probability of the price reaching the level 23125 and offering a breakdown. Insight: We have to wait for trend clarity. The market needs either a breakout or a breakdown from the existing compression phase. NOTE: (i) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live session. (ii) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. (iii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Thus, trade what you see, not what you believe. (iv) Always PRACTICE RISK MANAGEMENT. Always PROTECT YOUR CAPITAL. Be RESPONSIBLE. (v) Be Strategic. Be Courageous. Be Patient. Be Wise. (vi) Every day is a new day. Thus, do not carry the baggage of past successes or failures. Leave the gardens of winning and losing. Establish yourself in equanimity. Always think from a new perspective. (vii) Let the joy of trading drive your effectiveness, not greed or fear. Believe in Possibilities. Happy Trading!
NSE:NIFTY
by deep_bhattacharjee_db
RBLBANK: Explosive Range Breakout and Volatility Expansion1. The Structural Perspective: The Massive Accumulation Zone I am taking a LONG bias on RBL Bank Ltd. (RBLBANK) on the daily (1D) timeframe. When analyzing price action, extended periods of sideways chop are actually where the most important market mechanics take place. For months, RBLBANK has been trapped in a massive, volatile consolidation range. The price violently ping-ponged between a hard support floor near 293.75 and a heavy resistance ceiling at 328.30. In technical analysis, the longer a stock consolidates and absorbs overhead supply, the more kinetic energy it stores. That energy has just been unleashed. 2. The Educational Setup: Reclaiming the Launchpad To understand the mechanics of this aggressive breakout, look at how the price interacted with the intermediate support (308.60) and the Bollinger Bands: The Shakeout & Reclaim: After a steep drop in early April, the price formed a higher low, quickly reclaimed the 308.60 intermediate line, and pushed back above the 20-period Simple Moving Average (the blue middle band). The Launchpad: Instead of failing at the mean, institutional buyers used this 20-SMA as dynamic support to accumulate shares. They built a tight consolidation base right under the resistance ceiling, providing the exact launchpad needed for this breakout. 3. Current Price Action: The Expansion Phase Look at the massive green breakout candle. It has effortlessly shattered the 328.30 historical resistance with incredible momentum. More importantly, this aggressive push forced the upper red Bollinger Band to open up and expand violently outward. When a stock breaks out of a multi-month range while riding an expanding upper band, it signals extreme institutional buying pressure and the beginning of a fresh markup phase. The current small daily candle shows a healthy pause, allowing the price to breathe after the massive thrust. 4. The Trade Plan: Entries, Targets, and Risk Management Entry Strategy: The stock is currently experiencing a momentum pause near 336.55. The highest-probability, lowest-risk entry involves placing limit orders to catch a potential minor daily pullback to retest the 328.00 to 330.00 breakout zone. Letting that old heavy resistance prove itself as a new, indestructible support floor offers a phenomenal risk-to-reward ratio. Take Profit (Targets): By taking the height of the previous consolidation range (~35 points) and adding it to the breakout level, we get a measured measured technical target. The first major psychological and structural milestone is 350.00. If momentum sustains, 360.00 to 365.00 is the next logical macro target. Invalidation (Stop Loss): A trade thesis is only valid if the new market structure holds. A hard stop loss should be placed safely below the recent launchpad and the 20-SMA dynamic support, around the 315.00 to 318.00 level. A daily candle closing completely back below the 328.30 level would be an early warning sign of a failed breakout (a "bull trap"). 5. Time Horizon: Because this technical setup is built on a 1-Day chart capturing a major structural range breakout, this is a short-to-medium-term swing trade designed to play out over the coming days to weeks.
NSE:RBLBANKLong
by ParamjitMahapatro
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Consolidation Breakout in INDOBORAX BUY TODAY SELL TOMORROW for 5%
NSE:INDOBORAX
by Kapil-Mittal
2
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Consolidation Breakout in DIAMONDYD BUY TODAY SELL TOMORROW for 5%
NSE:DIAMONDYD
by Kapil-Mittal
2
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Consolidation Breakout in MINDACORP BUY TODAY SELL TOMORROW for 5%
NSE:MINDACORP
by Kapil-Mittal
2
NEPHROPLUS: Massive Box Accumulation and Explosive Weekly Breako1. The Macro Perspective: The Post-Listing Washing Machine I am taking a LONG bias on Nephrocare Health Services Limited (NEPHROPLUS) on the weekly (1W) timeframe. When analyzing pure market structure, massive momentum runs require heavy accumulation phases. Look at the structural development on this chart. After its initial run-up, the stock naturally exhausted itself and needed to digest its gains. Instead of suffering a catastrophic markdown phase, institutional buyers established a massive horizontal consolidation zone (a Box). For months, the price chopped violently between the solid black floor at 490.40 and the solid black ceiling at 603.45. This sideways action is the ultimate "washing machine"—it frustrates impatient retail traders into selling, allowing heavy institutional capital to quietly absorb shares without driving the price up prematurely. 2. The Educational Setup: Conquering the Mid-Level Pivot To understand the sheer strength of this current breakout, look at the mechanics inside the box leading up to the launch: The Structural Floor: Notice how cleanly the stock defended the 490.40 baseline. Sellers tried to break it, but buyers immediately absorbed the supply, establishing a concrete foundation. The Squeeze: Look at the dashed 572.60 line. The stock used this as a mid-level pivot. Once it reclaimed this dashed line, it refused to drop back to the floor. By chopping tightly between the 572.60 pivot and the 603.45 ceiling, the stock acted like a high-level pressure cooker, storing immense kinetic energy for the final move. 3. Current Price Action: The Lid Blows Off and the Pause Look at the most recent weekly candles on the far right. The pressure cooker has absolutely exploded. Buyers effortlessly shattered the 603.45 box ceiling with a massive, full-bodied green momentum expansion candle. Furthermore, look at the current active candle (the small red one). After a massive vertical thrust, the stock is taking a healthy, necessary breather. To amateur traders, a red candle looks like a failed rally. To structural traders, this is a textbook "Continuation Pause" or inside bar holding well above the breakout level. NEPHROPLUS has officially left the box and entered "Blue Sky Territory" (pure price discovery). 4. The Trade Plan: Entries, Targets, and Risk Management Entry Strategy: Momentum is exceptionally strong right now near 649.70. Chasing a massive vertical expansion candle carries the risk of agonizing drawdowns as the stock naturally breathes. We are currently getting that breather. The highest-probability, lowest-risk entry involves stepping down to a daily timeframe and placing limit orders to catch a potential minor structural pullback to perfectly retest the top of the box in the 600.00 to 610.00 zone. Letting that old, heavy box resistance prove itself as a new, indestructible support floor offers a phenomenal risk-to-reward ratio. Take Profit (Targets): Because the stock is in pure price discovery, we use measured structural targets based on the depth of the consolidation box. By taking the depth of the box (roughly 113 points from the 490.40 floor to the 603.45 ceiling) and projecting it upward from the breakout line, our primary structural macro target sits perfectly in the 715.00 to 720.00 zone. The massive 700.00 century mark will act as the immediate psychological magnet. Invalidation (Stop Loss): A box breakout thesis is only valid if the stock refuses to fall back into the trap. A hard stop loss should be placed safely below the dashed mid-level pivot, around the 550.00 to 560.00 level. A definitive weekly close completely back inside the lower half of the box (below 572.60) would act as a massive warning sign of a failed breakout and a severe bull trap. 5. Time Horizon: Because this technical setup is built on a 1-Week chart capturing an explosive breakout from a multi-month consolidation box, this is a medium-to-longer-term position trade designed to capture the violent momentum thrust into new highs. Let the new trend run!
NSE:NEPHROPLUSLong
by ParamjitMahapatro
From Chaos to Clarity — How Smart Money Moves in Stages🧠Every big move on a chart has a story and it's the same story, told over and over again. What are Order Blocks? 🟠 What are Order Blocks? The orange zones are Order Blocks — areas where big institutional players (banks, funds, smart money) placed large buy or sell orders. Price tends to remember these zones. When the market revisits them, they act as launching pads or strong barriers. Think of them as the market's "memory." 🔄 The Pattern That Repeats — Week After Week Here's what this chart is actually showing you 👇 🚀 The Rally — Price breaks out and runs hard in one direction. Clean. Decisive. One-sided. 😴 The Rest — After the rally, price doesn't crash — it consolidates. Weeks. Sometimes months. A pattern forms. A range. A coil. The market digests its gains. 💥 The Breakout — Eventually, that consolidation breaks. And the next leg begins — another sharp, one-sided move. ♻️ Rinse. Repeat. This cycle — rally → consolidate → breakout → rally — is not random. It's how large players accumulate, distribute, and reload. The consolidation phases are not boring. They are loaded. 💡 The Takeaway Patience during pattern formation is not weakness — it's strategy 🎯. The breakout is where the reward lives. The rally is short but powerful. Knowing where price came from (order blocks) and how it moves (stages) is the edge most traders overlook 👀 📌 Study the structure. The chart always leaves clues.Old charts are used in this post to showcase concepts - No Bias - No forecasting .
NSE:DATAMATICSLong
by Averoy_Apoorv_Analysis
Market's Blueprint: Explaining Lines What You're Looking At This chart is a pure structural breakdown, no predictions, no bias, no directional calls. Every line drawn here is rooted in what price has already done, not what it might do next. The White Line — Account Line (Resistance of the Pattern) The structural ceiling of the current pattern. Think of it as the market's memory of where sellers have previously shown up with conviction. Price approaching this level means it is entering a zone where supply has historically overpowered demand but sellers getting more aggressive or you can say people tend to exit there losses midway ( not sure of this but a good story to understand the pattern ) The Green Line — Trendline (Support of the Pattern) the structural floor of the developing pattern. It connects the rising or sustained lows that define the rhythm of the current price movement. As long as price respects this line, the underlying structure of the pattern remains intact. It represents the zone where buyers have historically stepped in to defend price on a closing basis or you can say people tend to buy faster dips this time so that they don't miss out on a potential move that might be coming ( from there perspectives ) The Dotted Lines — Hidden Resistances levels that may not be immediately obvious on the chart but carry significant historical weight. These are derived from past price behaviour on the closing basis of this specific timeframe, where the market has previously shown notable rejection. On prior touches or closes near these levels, price demonstrated either a meaningful retracement or a sharper decline, purely my own made up concept for better understanding of charts :) Disclaimer: This post is strictly educational and structural in nature — it reflects historical price levels and pattern observations only, and does not constitute financial advice, a trade recommendation, or a forecast of any kind. All levels depicted are based on past price behaviour and carry no guarantee of future response.
NSE:GLANDLong
by Averoy_Apoorv_Analysis
JLHL - A detailed Price action observationNSE:JLHL Jupiter Life Line Hospitals Ltd - A detail price action observation ⚠️ DISCLAIMER : I am NOT a SEBI-registered investment advisor. This is a personal technical observation for educational purposes only. It is NOT a recommendation to buy, sell, or hold any security. Trading involves substantial risk of loss. Consult a SEBI-registered advisor before making investment decisions. From 52 W high, price was arrived at area of origin from where past move get originated First sign was high volume (Point A) Selling Pressure was felt vanished may be due to passive buying Price Run 10% in few session due to lack of liquidly - 3rd Sign (B to C) Price moved down with drying volume & returned to B point but not broke (D) From D another fast move towards C and made Sweep - Validating Big Player positioning (E) Price intermediately come down with low to high volume in between E to D range Again Price shown a shake out type move to grab liquidity (D1) Till then price slowly shifting up with low volume Within consolidation, RSI expressing strength Conclusion Drawn gray area is possibly an area of absorption since Point B with active as well as passive buy orders possibly triggered, so we may concludes an accumulation is going on silently. ================================================================================= NOT A RECOMMENDATION: This post is strictly for educational purposes to demonstrate price action principles and observation skills. I am NOT a SEBI-registered Investment Advisor or Research Analyst. Many time I was proven failed in past. NO CALL TO ACTION: Do not treat this as a "Buy," "Sell," or "Hold" instruction. No specific price targets or stop-loss levels are being provided. MARKET RISK: Equity investments are subject to market risks. Past performance and chart patterns do not guarantee future results. PERSONAL DISCLOSURE: I may have a personal interest or position in this stock. My views are personal and should not be used as a basis for financial decisions. ADVICE: Always consult a qualified and SEBI-registered financial professional before investing your capital.
NSE:JLHLLong
by KingDoxa_trades
ETN: Decisive Structural Breakout from Multi-Month RangeThe Setup (Bias): I am taking a LONG bias on Eaton Corporation, PLC (ETN) on the weekly timeframe. The "Why" (Technical Reasons): 1. Major Resistance Breakout: The price has powerfully broken out of a wide, multi-month consolidation range, decisively clearing the heavy historical resistance at $394.28. 2. Extreme Bullish Momentum: The breakout is driven by a massive, full-bodied green weekly candle closing near its absolute high. This indicates immense institutional buyer demand and a complete lack of selling pressure at these new levels. Trade Plan (Entry & Exits): * Entry: Momentum traders can look for entries near the current market price of $423.92 to ride the aggressive wave. A safer, more conservative approach would be placing limit orders to catch a potential pullback or retest of the $394.28 to $400.00 zone, looking for old resistance to flip into new support. Take Profit (Target): With the stock entering price discovery and showing extreme momentum, the next major psychological targets are $450.00, followed by $475.00. Stop Loss: Placed safely below the lower support boundary of the recent swing, around $370.00. A weekly close below this level would indicate a false breakout and invalidate the bullish thesis. Duration: Because this analysis is built on a 1-Week chart, this is a longer-term swing trade designed to play out over the coming weeks to months.
NYSE:ETNLong
by ParamjitMahapatro
WPIL: Massive Box Accumulation and Explosive Volume Breakout1. The Micro Perspective: The Washing Machine I am taking a LONG bias on WPIL Limited (WPIL) on the daily (1D) timeframe. When analyzing pure market structure, some of the most violent and profitable momentum thrusts originate from prolonged periods of sideways consolidation. Look at the structural development perfectly highlighted by the shaded box on this chart. For weeks, the stock was trapped in a highly volatile horizontal channel. Sellers repeatedly defended the box ceiling near the 444.00 level, while buyers aggressively defended the concrete floor near 408.00. This sideways, choppy action is the ultimate "washing machine"—it frustrates impatient retail traders into selling, allowing heavy institutional capital to quietly absorb shares without driving the price up prematurely. 2. The Educational Setup: The Horizontal Pressure Cooker To understand the sheer strength of this current breakout, look at the mechanics of the box: The Squeeze: By trapping the price in a strictly defined range, the stock acts like a pressure cooker. Moving averages catch up, indicators reset, and kinetic energy is stored. The Institutional Footprint: Look at the volume profile at the bottom of the chart during the sideways chop. The volume was generally low and flat. Institutions were hiding their footprints, quietly accumulating. 3. Current Price Action: The Lid Blows Off Look at the most recent daily candle on the far right, accompanied by a massive, undeniable surge in buying volume that dwarfs the previous weeks of trading. The pressure cooker has absolutely exploded. Buyers have effortlessly shattered the box ceiling, printing an enormous green expansion candle. While there is a noticeable upper wick (indicating some natural intraday profit-taking after such a violent vertical run), the sheer volume confirms that heavy capital has officially forced this stock out of accumulation and into a brand-new markup phase. 4. The Trade Plan: Entries, Targets, and Risk Management Entry Strategy: Momentum is at extreme levels right now near 456.90. Chasing a massive, near-vertical daily expansion candle always carries a higher risk of an immediate intraday or daily drawdown as the stock naturally breathes and digests the volume spike. The highest-probability, lowest-risk entry involves stepping down to an hourly timeframe and placing limit orders to catch a potential minor structural pullback to perfectly retest the top of the box in the 440.00 to 445.00 zone. Letting that old heavy box resistance prove itself as a new, indestructible support floor offers a phenomenal risk-to-reward ratio. Take Profit (Targets): We use measured structural targets based on the depth of the consolidation box. By taking the depth of the box (roughly 36 points from the 408 floor to the 444 ceiling) and projecting it upward from the breakout line, our primary structural target sits perfectly in the 480.00 zone. The ultimate psychological milestone and momentum magnet is the 500.00 century mark. Invalidation (Stop Loss): A box breakout thesis is only valid if the stock refuses to fall back into the trap. A hard stop loss should be placed safely below the top quarter of the box and the recent breakout volume, around the 425.00 to 430.00 level. A definitive daily close completely back inside the lower half of the box (below 425) would act as a massive warning sign of a failed breakout and a severe bull trap. 5. Time Horizon: Because this technical setup is built on a 1-Day chart capturing an explosive volume breakout from a tight consolidation box, this is a short-to-medium-term swing trade designed to capture the violent momentum thrust. Let the new trend run!
NSE:WPILLong
by ParamjitMahapatro
#ASTERDM - VCP BreakOut in Daily Time FrameScript: ASTERDM Key highlights: 💡⚡ 📈 VCP BreakOut in Daily Time Frame 📈 Volume spike during Breakout 📈 MACD Crossover If you have any doubts about the setup, drop a comment and I’ll reply. Pro Tip: Tight consolidation with a narrow range or squeezing candles increases the probability of a strong breakout. ✅ Boost and Follow to never miss a new idea!✅ ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven. ⚠️Disclaimer: I’m not SEBI Registered RA. Charts shared for learning & example purposes only. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
NSE:ASTERDMLong
by MMT_MakeMoneyTrading
2
Nifty Price Action for Q2 2026Nifty made high near 26300 in Jan and low near 22200 in March. Price is at 23900 levels now. the zone 24000 to 24500 is crucial to break. It is likely to remain choppy also because of geo-political tensions. However, good earnings may hold it for another attempt towards 25900 levels. The increase in crude oil prices will likely be seen in July qtr results as all companies are undergoing margin pressure due to increase in crude oil. Hence it is better to use sell on rise strategy for this year atleast on Nifty.
NSE:NIFTY
by TradewithLS
6
Shortterm Investment - Buy MindaCorpHere's a breakdown of the **positives for buying Minda Corporation (MINDACORP) as a Short-term investment**: Apart from the Strong Technical, added the following Fundamentals of the Stock. **Strong & Growing Financials** Net profit has risen for four consecutive quarters, growing from ₹52 Cr to ₹85.7 Cr, with an average quarterly increase of around 14.8%. Revenue has also grown for five straight quarters, averaging 5.2% growth per quarter. **Record Revenue Performance** The company recently posted a record quarterly revenue of ₹1,560 crores, reflecting a robust 25% year-on-year increase fueled by strong demand across vehicle segments. **Ambitious Revenue Target** Minda Corp is targeting ₹17,500 crore in revenue by 2030, implying a 22% CAGR, including ₹4,000–₹4,500 crore from acquisitions. That's a very aggressive growth ambition. **EV & Future-Ready Business** Strategic partnerships in EV power electronics are enhancing market access, and recent trade agreements with major economies promise further expansion. The company is also developing advanced driver assistance systems (ADAS) and launching new products. **Diversified Product Portfolio** Minda Corporation manufactures a diverse range of automobile components for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles, and operates across India, Asia, Europe, North America, and South America. **Institutional Confidence** Institutional investors hold a 27.52% stake in Minda Corporation — a level that typically reflects confidence in the company's fundamentals and governance, as these investors conduct thorough due diligence. **Short-Long - Term Bullish Trend** The stock is maintaining a bullish long-term trend, trading above both its 150-day and 250-day moving averages. **Strong Debt Servicing & Margins** Quarterly results for December 2025 showed operating profit margin improving to 11.76%, the highest ever recorded for the company. **A note of caution:** I'm not a financial advisor, and this is not investment advice. The stock currently has a **"Hold" rating** from some analysts, and has seen some short-term price weakness. Always do your own research or consult a SEBI-registered financial advisor before investing.
NSE:MINDACORP
by earnwhileulearn
Structure Speaks — Multi-Timeframe ConfluencePrice doesn't lie — it just repeats. No prediction. No bias. Just structure doing what structure does. Two timeframes. One story. Zero noise. Left panel (Monthly) maps a textbook Descending Triangle — the yellow counter-trend line capping rallies, the green demand zone holding as its base. A structure built over months, visible and undeniable. Right panel (Weekly) zooms in.Dotted white lines mark distinct resistance levels — each one a zone where price acknowledged, reacted, and respected. 📖 Glossary of Terms -Descending Triangle A chart pattern formed by a flat horizontal support (base) and a descending upper trendline making lower highs. -Counter-Trend Line A trendline drawn against the prevailing price direction -Base / Demand Zone (Green Zone) The horizontal support level at the bottom of the triangle. This is where buying interest has historically emerged -Multi-Timeframe Analysis (MTF) The practice of studying the same asset across different timeframes simultaneously -Dotted White Line (Resistance) A visual marking on a chart indicating a specific price level where resistance has been observed.
NSE:NTPCGREENLong
by Averoy_Apoorv_Analysis