Middle line is median line if it breaks then it retests it and falls to the lower parallel.So you are right.Treat the lines as support and resistance. I will try to be more elaborate in my next one.
bnjanamatti
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Do the line tell about the pattern of movement of the stock , since the stock has broken the 315 so it will touch 280 levels then take a turn or if it crosses 333 the red line it will touch 377, this is what i thought can you be little deliberative. Thanks for the work. GBU
jrcdoodi
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Happy new year Meru sir, I am new unable to read chart, please explain details of sbin for trading purposes only