Tata Power

A trendline support zone refers to an area on a price chart where a trendline (drawn beneath price action in an uptrend) acts as support, and price is expected to bounce upward from this level. Let’s break it down simply: 🔹 What is a Trendline? A trendline is a straight line that connects two or more higher lows in an uptrend (or lower highs in a downtrend). It visually shows the direction and strength of a trend. 🔹 What is a Support Zone? A support zone is a horizontal or angled area where price tends to find buying interest, preventing it from falling further. ✅ When We Say “Trendline Support Zone,” We Mean: A dynamic support level that aligns with: An upward trendline, and Possibly a horizontal support area or previous swing low.