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THREETREND RESEARCH

21st Jun · SEBI-Registered Analyst

$TVSMOTOR A trendline breakout occurs when the price moves above a downward-sloping trendline, indicating a potential shift from bearish to bullish momentum. The breakout becomes stronger when supported by higher trading volume and sustained price action above the trendline. A successful retest of the breakout level often acts as support and can lead to a fresh upward move.

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