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Shaly Gupta

4th Apr 2025 · SEBI-Registered Analyst

Adani Enterprises

ADANIENT
A trendline resistance line is a diagonal line drawn on a price chart to indicate a level where the price has repeatedly struggled to rise above. It connects the highs of the price movements and acts as a barrier, suggesting that selling pressure is strong at that level. This concept is commonly used in technical analysis for stocks, forex, cryptocurrencies, and other financial markets. stock chart is an example of trendline resistance line zone how works in stock market.

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