HFCL

A trendline support zone is an area where an upward-sloping trendline consistently provides support to the price. Whenever the price comes near this zone, buyers typically step in and push the price higher, making it a strong demand area. As long as the price respects this trendline, the uptrend remains intact, and pullbacks from this zone often lead to fresh upward moves. However, if the trendline breaks, it may signal weakening momentum.