Supply-Demand Squeeze: Symmetrical Triangle at the Flip zone

Witness a textbook supply-demand play on the monthly chart of Bharat Wire Ropes Ltd. as price contracts above a major zone conversion! The chart highlights a high-probability symmetrical triangle pattern—marked with a red counter trendline (lower highs) and a green trendline (higher lows).
This powerful squeeze forms right at the intersection of key supply and demand zones.

- Both supply (resistance) and demand (support) have been mapped for clear zone analysis.
- The symmetrical triangle shows classic price contraction
- Red line: Counter trendline connecting lower highs.
- Green line: Trendline connecting higher lows.

Disclaimer:
This Observation / Post is for educational purposes only and does not constitute investment advice. Please do your own research and consult with a financial advisor before making any trading decisions.