MARICO 1H
Break of Structure (BoS): A point where the price breaks above a resistance level, indicating a potential shift in market sentiment.
Order Block (OB): A highlighted green zone, representing a significant area where large orders were likely placed, serving as a demand zone or potential support area.
Resistance Levels: Two red dashed lines are drawn at ₹665.85 and ₹691.30, indicating potential areas where the price may face selling pressure.
The chart is meant for educational purposes, focusing on technical concepts like Break of Structure and Order Blocks.
Order Block (OB): A highlighted green zone, representing a significant area where large orders were likely placed, serving as a demand zone or potential support area.
Resistance Levels: Two red dashed lines are drawn at ₹665.85 and ₹691.30, indicating potential areas where the price may face selling pressure.
The chart is meant for educational purposes, focusing on technical concepts like Break of Structure and Order Blocks.
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