Where both of them start
A long rising session from ₹28.00 to ₹29.50. The next morning opens at ₹30.00 — a clear gap above the whole of the first session — and closes at ₹30.80.
That much is a rise with a gap in it and has no name yet. The name is decided entirely by the third morning, and the two possibilities are the subject of this page.
Both belong to the continuation family from 04.04.02, which taught rising and falling three methods across five sessions: a long move, a pause that does not undo it, and a resumption. These are the same idea in three sessions, with a gap standing in for part of the work.
The third session repeats the second
Two rising sessions above the gap, opening and closing at about the same prices. They stand side by side.
The third session agrees with the second rather than adding to it. The gap below is untouched — no price in it has traded yet.
Side-by-side white lines — the gap is kept
The third session opens at about where the second opened and closes at about where it closed. Two rising sessions of nearly identical size, standing next to each other above the hole.
What the boards record is a pause drawn by agreement rather than rest. In the five-session version the pause is made of small sessions sitting inside the first one's range. Here it is made of a session that repeats its neighbour: the market spent a whole day going over the same ground and finished where it had finished before.
The gap stays open throughout. That is a condition of the name, and it is the reason the pattern is uncommon — a day that reaches back into a gap disqualifies it immediately.
Upside gap three methods — the gap is closed
Change only the third session. Instead of repeating the second, it falls: opening at ₹30.60, inside the second body, and closing at ₹29.20, inside the first. In doing so it trades through every price in the gap.
The gap is filled and the move is not undone. The third session ends above the first session's open, so the two-rupee rise of the first morning is still largely intact — which is exactly the shape 04.04.02 described, compressed into one pause session instead of three.
The two conditions carrying the name are the two containments: the third opens inside the second body and closes inside the first. Either one failing gives a different picture and, usually, no name at all.
| Side-by-side white lines | Upside gap three methods | |
|---|---|---|
| Third session | Rises | Falls |
| Third opens | Where the second opened, ₹30.02 | Inside the second body, ₹30.60 |
| Third closes | Where the second closed, ₹30.78 | Inside the first body, ₹29.20 |
| The gap | Untouched | Traded through completely |
| What the pause is made of | A session that agrees with its neighbour | A session that gives back the gap and no more |
Two boards identical in every respect but the last session, and the catalogue has no word that covers both.
What closes Part 04
These are the last two names, and they are a fitting place to stop because they show the catalogue's habit in miniature. One feature — a gap in a rise. Two things that can happen to it. Two separate names, neither of which tells you which was coming.
You now have the whole of it: the four numbers, what their arrangement is called, the tiers Granthara assigns and the thresholds it chose, the rule that location makes a shape specific, the evidence a claim of advantage would need, what a wick records about people, why obvious prices gather orders, and why none of it survives into a forecast.
The catalogue is finished and it was never the point. What the Part was for is the habit of reading a board before naming it, and of knowing which half of any sentence about a chart is measurement and which half is a story. Part 05 starts on structure — what these sessions build when you stop looking at them one at a time.