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Nikita (SEBI RA)

19th Sep · SEBI-Registered Analyst

Meeting Lines – Reversal Indication

📊 The Meeting Lines is a 2-candle pattern that hints at reversal. ✅ Formation: 1️⃣ First → Long candle in trend direction (green in uptrend / red in downtrend). 2️⃣ Second → Opposite color candle that closes at the same level as the prior candle’s close. ✅ Meaning: Market sentiment changes suddenly, showing a potential reversal zone. 📌 Example: Stock rallies to ₹620 with a green candle, next day forms a red candle closing at same ₹620 → Meeting Lines → possible top.

MARUTI
🧠 Rule: Confirmation from 3rd candle is a must.

#WatchOutFor
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