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Nikita (SEBI RA)

9th Oct Β· SEBI-Registered Analyst

Belt Hold Pattern – Sudden Reversal Signal 🎯

πŸ“Š The Belt Hold is a single-candle reversal pattern that shows strong conviction from buyers or sellers. βœ… Types: Bullish Belt Hold: A long green candle that opens at or near the low (no lower shadow) and closes near the high. Appears after a downtrend β†’ bullish reversal. Bearish Belt Hold: A long red candle that opens at or near the high (no upper shadow) and closes near the low. Appears after an uptrend β†’ bearish reversal. πŸ“Œ Example: After a fall β‚Ή510 β†’ β‚Ή480, next day stock opens near β‚Ή480 and closes β‚Ή505 β†’ Bullish Belt Hold β†’ reversal possible. 🧠 Tip: Accuracy improves if formed at strong support/resistance.

TITAN

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