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THREETREND RESEARCH

19th Dec · SEBI-Registered Analyst

KAYNES
When price takes support at a trendline, it indicates that buyers are actively defending that level and the prevailing trend remains intact. The trendline acts as a dynamic support zone where selling pressure gets absorbed, leading to price stabilization or a bounce. Such behavior reflects underlying strength and confirms market confidence in the trend direction. If this support is respected with strong bullish candles or increased volume, it often signals continuation of the ongoing trend rather than a reversal.

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