📌 ASAHI INDIA GLASS | Weekly Timeframe
🧩 Pattern Breakdown (from a textbook lens):
-Left Shoulder: Formed after the Sept–Nov 2024 rejection
-Head: Created around Feb–May 2025 with a deeper dip
-Right Shoulder: Built through June 2025
-Neckline: ₹750–₹760 zone, tested multiple times
-Breakout Candle: High conviction — wide-bodied, strong close, with 17.61M volume
📘 According to classical technical analysis, Inverted Head & Shoulders patterns often signal a trend reversal. What's notable here is the context — the structure has developed after a sustained move upward, not from a bear phase.
🎯 The candle breaks above a long-standing supply zone with size, volume, and conviction — yet its location at the top makes it structurally interesting and unusual when viewed through traditional pattern psychology.
🚫 This is not a tip, call, or directional bias — just a visual log of structure and volume behavior.
💬 Chart interpretations welcome in comments.
🧩 Pattern Breakdown (from a textbook lens):
-Left Shoulder: Formed after the Sept–Nov 2024 rejection
-Head: Created around Feb–May 2025 with a deeper dip
-Right Shoulder: Built through June 2025
-Neckline: ₹750–₹760 zone, tested multiple times
-Breakout Candle: High conviction — wide-bodied, strong close, with 17.61M volume
📘 According to classical technical analysis, Inverted Head & Shoulders patterns often signal a trend reversal. What's notable here is the context — the structure has developed after a sustained move upward, not from a bear phase.
🎯 The candle breaks above a long-standing supply zone with size, volume, and conviction — yet its location at the top makes it structurally interesting and unusual when viewed through traditional pattern psychology.
🚫 This is not a tip, call, or directional bias — just a visual log of structure and volume behavior.
💬 Chart interpretations welcome in comments.
✅ 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
Pubblicazioni correlate
Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
✅ 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
Pubblicazioni correlate
Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.