Symmetrical Triangle & Parallel Channel Coexistence

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This weekly chart of Tara Chand Infralogistic Solutions Ltd. serves as a case study in identifying and analyzing overlapping price action structures in 3 Main Points -

1) The chart highlights a well-defined symmetrical triangle pattern, with one white line representing the counter-trendline (CT) and another as the primary trendline (T), illustrating the process of volatility contraction.

2) Overlaid within the triangle, a clearly marked parallel channel (in pink) frames the intermediate price swings during the recent consolidation. The channel illustrates rotational movement within the broader consolidation envelope, mapping the climb and retracement cycles more granularly.

3) Volume, Fibonacci retracement levels, and the shaded value area further reinforce the chart’s impartial focus on structure, without implying directionality. This example serves as a valuable reference for recognizing multi-pattern contexts and appreciating how classical patterns—when viewed together—help decode complex phases of price organization.

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