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Shaly Gupta

12th Apr 2025 · SEBI-Registered Analyst

RITES

RITES
A trendline resistance is a line drawn over descending swing highs in a downtrend. It acts as a ceiling that price struggles to break through. 🔧 How to Draw It: Find at least two or more lower highs on the chart. Connect them with a straight line. Extend the line forward — this becomes your resistance trendline.

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