Nikita (SEBI RA)
14 Nov • 9:28 AM · SEBI-Registered Analyst
Volume Rejection at Resistance – Clear Sign of Supply Pressure 🚫📊
📊 When price approaches a major resistance with high volume but fails to close above it, it signals institutional selling or heavy supply absorption.
✅ Key Characteristics:
Candle tests resistance zone.
Volume spikes above average.
Price closes below the breakout level.
✅ Interpretation:
Big players are unloading positions, rejecting higher prices and stopping retail-led breakouts.
📌 Example: Stock tests ₹1280 resistance on high volume but closes at ₹1265 → Volume Rejection → expect consolidation or mild correction.
🧠 Tip: If 2–3 consecutive rejections happen, strength at resistance becomes even higher.

