Powergrid

Stock chart is attached to understand how trendline support zone works. A trendline support zone refers to an area on a price chart where a trendline acts as a support, helping to prevent the price from moving lower. It is a region formed by drawing a line along the lows of a rising price trend (in an uptrend) or along the highs of a falling price trend (in a downtrend). This zone is significant for traders as it shows a potential level where the price could reverse or bounce back from.