Granthara04.04.05Mat hold

Every price in Part 04 comes from an unnamed vegetable market and is a teaching example. Nothing here is a quote, a recommendation, or a record of any listed company.

04.04.05 · Mat hold

PreviouslyRising three methods is a long rise, three small sessions inside it, then another long rise to a new high.

The pause that never gave anything back.

A hard rising session, and then three quiet ones. In 04.04.02 those quiet sessions sat inside the big one, drifting back into ground it had already taken. Here they sit above it, and never come back down at all.

Rising three methods, with one difference that is easy to state and easy to miss: the rest happens higher up.

Updated

25p
between the first board's close and the lowest the pause ever traded
Part 04 · Continuation and Multi-Candle Formations
  1. 04.04.01 Three white soldiers, three black crows
  2. 04.04.02 Rising and falling three methods
  3. 04.04.03 Inside bars and outside bars
  4. 04.04.04 Marubozu and trend acceleration
  5. 04.04.05 Mat hold
  6. 04.04.06 Tasuki gap and separating lines
  7. 04.04.07 Three-line strike
  8. 04.04.08 Hikkake and modified Hikkake
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Learn

The shape you already have, lifted

04.04.02 gave you the pattern: a long rising board, three small sessions that stay inside its range while drifting lower, then a second long rising board that closes above the first. The reading was that a move paused without being given back.

Mat hold is the same story told with a stricter pause. The first small session does not open inside the big board — it gaps above its close. And the three quiet sessions that follow never trade back down to where the big board started.

In the example, the long board runs from ₹30.00 to ₹31.20. The pause opens at ₹31.50 and, across three sessions, drifts only as low as ₹31.15. Every price traded during the rest is above where the move began. Then the fifth board opens ₹31.05 and closes ₹32.10, past every high the pause made.

See it

Five boards, and where the pause sits

Compare the three middle boards against the first board's close of ₹31.20 — not against its range.

Granthara's rules engine returns mat hold, with rising three methods as its nearest miss at 4 of 5 — because the pause here starts with a gap instead of sitting inside the first board.

Learn

Two rules, and why they are the same rule

The engine asks six things of these five boards. Two of them are what separate a mat hold from what you already knew.

The second board's body gaps above the first board's close. Not merely small, not merely inside — above. Whoever wanted to sell into the rise had to start from a higher price than the rise had finished at.

The middle boards hold above the first board's low. Across three sessions of drifting, the pause never reaches back into the ground the long board covered.

Both say one thing in two ways: the pause happened entirely above the move. In rising three methods, buyers stopped pushing. Here they stopped pushing without anyone being able to take back a rupee of it.

A pause that costs nothing is a different observation from a pause that costs a little.

Learn

What else is inside a five-board window

Run these five boards through the rules engine and mat hold is not the only thing it finds. It also reports shorter shapes sitting inside the same window — a two-board and a four-board pattern formed by the tail of the sequence — because any stretch of five sessions contains several shorter stretches.

The engine sorts them longest and strictest first, so mat hold leads. That ordering is a convention, not a discovery, and it is worth knowing it exists: the same boards support several true descriptions at once, and something has to choose which one you are shown.

This is the first real taste of chapter 04.05's problem. A screener that reports mat hold has already made an editorial decision on your behalf about which of the shapes present matters most. It did not find the only pattern there. It found the longest one it knows.

Learn

What the five boards permit

They permit you to say a rise paused for three sessions without any of it being given back, and then continued past the highest price the pause reached. Every part of that is on the board.

They do not permit you to say the rise will continue further. Continuation of a rise is how the literature files this pattern, and it describes the five boards already drawn, not the sixth.

They also do not permit you to skip the question the gap raises, which is the same question 04.03.09 asked. A stretch of untraded price between Monday's close and Tuesday's low is a fact about overnight repricing — and whether anything much traded on either side of it is Part 08's business, not this board's.

The honest comparisonMat hold is rarer than rising three methods and says slightly more when it appears. It is still one description of five sessions, chosen by a sorting rule, and it still stops at the fifth board.
Remember

Mat hold is rising three methods with a stricter pause: the second board gaps above the first board's close, and the three quiet sessions never trade back to the first board's low, so the rest happens entirely above the move. It is also the first place where the same five boards visibly support more than one true name, and a sorting rule decides which one you are shown.

Everything this chapter has told you, in order

  1. 04.04.01Three candles in the same direction blend into one: a single move seen closer up.
  2. 04.04.02Some patterns are artefacts of the timeframe you chose.
  3. 04.04.03Four names, one relationship, two measuring sticks.
  4. 04.04.04Not a new pattern — the measurement from 04.01.04 at its limit.
  5. 04.04.05Mat hold
Next
04.04.06 — Tasuki gap and separating lines

Next: a gap that gets tested and holds — and a pattern your screener may not have at all.