The anatomy of a breakout
What a base looks like before it breaks.
What is a base?
A base is a period where a stock consolidates after an advance. Price tightens, volume dries up, and the stock builds energy for the next move.
Key signals
- Relative strength holding near highs while the market pulls back
- Volatility contraction — daily ranges getting smaller week by week
- Volume dry-up — fewer shares traded inside the base
- Pivot — the buy point just above the base high
On BananaPatterns
We scan every liquid NSE stock after the close and flag bases that match VCP, Blue sky, Multi-year, and IPO templates.