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Nikita (SEBI RA)

18th Nov Β· SEBI-Registered Analyst

Volume at Trendline Break – Momentum Shift Indicator βš‘πŸ“‰πŸ“ˆ

πŸ“Š A trendline break is only reliable when accompanied by volume expansion, proving that the market agrees with the breakout. βœ… Key Characteristics: Trendline tested multiple times (3+ touches). Breakout candle is wide and directional. Volume expands 2Γ— or more above average. βœ… Interpretation: High-volume trendline break = sentiment shift β†’ new trend leg begins. πŸ“Œ Example: Stock breaks descending trendline at β‚Ή1480 on 2.2Γ— volume β†’ bullish shift β†’ rally follows. 🧠 Tip: If trendline breaks on low volume, it usually becomes a false breakout.

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