Nagarjuna Fertiliser gives a perfect example of resistance turning support pattern.
trading at 12.7 I feel its a great level to accumulate this stock as there is volume sprut on chart at breakout levels.
As you go through monthly candle a trend line was formed there and breakout happen . Then go to weekly chart and breakout happened. See the chart all are market. No recommendations for buy or sell just learn the things how they happen . Analyze and learn.