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THREETREND RESEARCH

18th Oct · SEBI-Registered Analyst

ADANIPOWER
The concept of Higher Highs (HH) is a key principle in identifying an uptrend in technical analysis. When the price of a stock continuously forms new highs that are higher than the previous highs, it indicates strong buying pressure and positive market sentiment. Each higher high shows that buyers are willing to pay more than before, signaling increasing demand. This pattern, when combined with higher lows (HL) — where each low is higher than the previous one — confirms that the market is consistently moving upward. In the chart, when price breaks previous highs and sustains above them, it confirms the continuation of the uptrend, helping traders align with the market’s dominant direction and avoid counter-trend trades.

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