Chart patterns · NSE data through Tue, 3 Nov
What it means
A broad pattern over years: three major weekly lows rise beneath a repeatedly tested ceiling. It is forming until a completed weekly close clears that ceiling on higher volume. It does not claim the tight pullbacks required for VCP.
Patterns describe past prices and often fail. These are examples of a shape, not a recommendation to buy or sell.
3 examples & outcomes shown
Three major weekly lows rose from ₹1402.5 to ₹1465.6 to ₹1771.2 over 60 weeks, below a broad ceiling near ₹2068.5. The ceiling has not been cleared on a completed high-volume weekly close. This is a broad base, not a VCP.
Signal Mon, 5 Oct
Three major weekly lows rose from ₹933.5 to ₹1042.5 to ₹1175 over 86 weeks, below a broad ceiling near ₹1339.65. The ceiling has not been cleared on a completed high-volume weekly close. This is a broad base, not a VCP.
Signal Mon, 21 Sept
Three major weekly lows rose from ₹78.55 to ₹85.98 to ₹102.32 over 78 weeks, below a broad ceiling near ₹175.6. The ceiling has not been cleared on a completed high-volume weekly close. This is a broad base, not a VCP.
Signal Tue, 15 Sept
Not enough finished signals yet to show a record for this pattern.
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