Price is within 2% under a long falling trendline (or over a long rising one) that no candle has come out of yet - the next place a breakout (or breakdown) could happen. Not a breakout until a close beyond the line.
Patterns describe past prices and often fail. These are examples of a shape, not a recommendation to buy or sell.
Rising support line across 4 swing lows over 330 sessions (₹28275 → ₹28488.82 now). Not broken yet: the latest close ₹29035 is 1.92% above the line. A close below ₹28488.82 would be a breakdown. Past signals like this (1441 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 51% of the time, -0.44 points vs the average stock.
Weekly chart: falling resistance line across 3 swing highs over 63 weeks (₹635 → ₹462.91 now). Not broken yet: the latest close ₹453.8 is 1.97% below the line. A close above ₹462.91 would be a breakout. Past signals like this (306 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 50% of the time, -0.52 points vs the average stock.
Falling resistance line across 5 swing highs over 97 sessions (₹254.2 → ₹195.57 now). Not broken yet: the latest close ₹195.35 is 0.11% below the line. A close above ₹195.57 would be a breakout. Past signals like this (1529 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 50% of the time, -0.32 points vs the average stock.
Rising support line across 4 swing lows over 273 sessions (₹3002 → ₹3537.85 now). Not broken yet: the latest close ₹3607.3 is 1.96% above the line. A close below ₹3537.85 would be a breakdown. Past signals like this (1441 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 51% of the time, -0.44 points vs the average stock.
Weekly chart: rising support line across 4 swing lows over 81 weeks (about 1.6 years) (₹1232.3 → ₹1331.14 now). Not broken yet: the latest close ₹1355.6 is 1.84% above the line. A close below ₹1331.14 would be a breakdown. Past signals like this (480 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 52% of the time, -0.22 points vs the average stock.
Rising support line across 5 swing lows over 333 sessions (₹327.6 → ₹535.17 now). Not broken yet: the latest close ₹541.1 is 1.11% above the line. A close below ₹535.17 would be a breakdown. Past signals like this (1441 on 302 stocks, 2022-2026): 10 sessions later the stock was higher 51% of the time, -0.44 points vs the average stock.