{"schema_version":"1.0","name":"BTTL Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"44765392-badc-45b0-91a7-bd446ce71117","symbol":"BTTL","name":"Bhilwara Technical Textiles Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Consumer Cyclical","industry":"Textile Manufacturing"},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Completed returns and cumulative progression, Range expansion and closing direction, Acceleration, deceleration and rollover, Activity pressure and cumulative balance, Drawdown and recovery pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":18,"displayedObservations":18,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[37.25,34.650002,35.0,34.900002,38.900002,35.549999,34.91,34.07,35.009998,50.799999,45.060001,56.880001,54.0,51.77,47.610001,45.32,43.360001,42.540001],"highs":[37.25,35.0,35.0,38.450001,39.0,36.599998,35.990002,35.599998,35.009998,50.799999,49.880001,57.299999,54.0,51.880001,50.0,48.439999,45.950001,46.810001],"lows":[32.099998,32.549999,32.060001,32.5,33.0,30.0,34.91,34.07,34.5,50.799999,45.049999,53.02,51.439999,46.799999,45.0,44.009998,40.75,41.599998],"closes":[33.900002,33.799999,34.169998,36.189999,35.990002,33.830002,35.23,35.0,34.580002,50.799999,49.880001,54.330002,51.77,49.869999,47.48,44.200001,43.0,45.75],"hoverRows":[[{"label":"Open","value":"37.2","className":"is-ohlc","compact":true},{"label":"High","value":"37.2","className":"is-ohlc","compact":true},{"label":"Low","value":"32.1","className":"is-ohlc","compact":true},{"label":"Close","value":"33.9","className":"is-ohlc","compact":true},{"label":"Market 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Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"Reversal danger","className":"is-negative","wide":true}],[{"label":"Open","value":"51.8","className":"is-ohlc","compact":true},{"label":"High","value":"51.9","className":"is-ohlc","compact":true},{"label":"Low","value":"46.8","className":"is-ohlc","compact":true},{"label":"Close","value":"49.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"47.6","className":"is-ohlc","compact":true},{"label":"High","value":"50.0","className":"is-ohlc","compact":true},{"label":"Low","value":"45.0","className":"is-ohlc","compact":true},{"label":"Close","value":"47.5","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"45.3","className":"is-ohlc","compact":true},{"label":"High","value":"48.4","className":"is-ohlc","compact":true},{"label":"Low","value":"44.0","className":"is-ohlc","compact":true},{"label":"Close","value":"44.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"43.4","className":"is-ohlc","compact":true},{"label":"High","value":"46.0","className":"is-ohlc","compact":true},{"label":"Low","value":"40.8","className":"is-ohlc","compact":true},{"label":"Close","value":"43.0","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"42.5","className":"is-ohlc","compact":true},{"label":"High","value":"46.8","className":"is-ohlc","compact":true},{"label":"Low","value":"41.6","className":"is-ohlc","compact":true},{"label":"Close","value":"45.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"Unavailable","note":"Insufficient completed history","className":"is-muted","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[32.568199,55.561802],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"state":"Insufficient history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":18,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-06-26","price":50.799999},{"date":"2026-07-10","price":54.330002}],"reversal_dangers":[{"date":"2026-07-03","price":49.880001},{"date":"2026-07-17","price":51.77}]}},"smTape":{"available":true,"dates":["2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[33.9,33.8,34.17,36.19,35.99,33.83,35.23,35.0,34.58,50.8,49.88,54.33,51.77,49.87,47.48,44.2,43.0,45.75],"consensus":[-30.097,0.0,43.5373,13.9395,17.7499,-10.1258,0.0,0.0,-13.7438,61.2361,53.7413,53.3631,21.0622,12.3795,0.0,-32.5102,-21.4099,17.9194],"supportDates":["2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-13.8329,0.0,0.0,-17.2575,57.4908,58.7427,36.1577,1.5273,17.5718,0.0,-25.1911,-12.154,31.0221],"force":[-30.097,0.0,43.5373,13.9395,4.1056,-11.4385,0.0,0.0,-15.5394,40.7319,13.6233,44.8724,21.7065,28.145,0.0,-54.5503,-27.755,30.219],"direction":[null,null,null,null,33.3611,-4.9513,0.0,0.0,-8.4454,80.1622,76.6811,79.0912,73.9369,35.3914,0.0,-25.132,-27.4559,5.8406],"intensity":[null,null,null,null,50.0,80.0,100.0,42.8571,37.5,100.0,90.0,90.9091,58.3333,69.2308,42.8571,53.3333,50.0,41.1765],"confirmation":[32.2977,0.653,36.5986,27.1273,28.6613,48.5571,24.8784,1.2349,72.3992,87.0277,83.8984,85.0796,10.3649,31.3182,4.8858,79.1865,75.1856,52.4887],"persistence":[null,null,0.0,25.0,40.0,16.6667,14.2857,12.5,12.5,25.0,25.0,25.0,25.0,50.0,50.0,37.5,37.5,37.5],"assessmentRisk":[null,null,null,null,40.2161,6.1851,29.6368,38.4262,34.7948,19.2375,22.8466,23.2849,39.3931,15.9856,23.9422,32.1542,36.5364,43.0329],"volumeParticipation":true,"latest":{"consensus":17.9,"control":31.0,"force":30.2,"direction":5.8,"confirmation":52.5,"persistence":37.5,"assessmentRisk":43.0,"intensity":41.2,"evidenceDepth":69},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the upward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Control support is strengthening","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Present","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+17.9","detail":"Price structure has the available support","tone":"positive"},{"label":"SM Control Gauge","value":"+31.0","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+30.2","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+5.8","detail":"Follow-through is limited","tone":"positive"},{"label":"SM Confirmation Gauge","value":"52/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"58.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"11.2%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"-","detail":"Developing","tone":"neutral"},{"label":"Range position","value":"58%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned upward.","series":[{"label":"Close","values":[33.9,33.8,34.17,36.19,35.99,33.83,35.23,35.0,34.58,50.8,49.88,54.33,51.77,49.87,47.48,44.2,43.0,45.75],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,34.6436,34.4956,34.6292,34.6966,34.6754,37.6071,39.8386,42.4734,44.1637,45.2012,45.6155,45.3581,44.9294,45.0786],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,38.9597,39.7678,40.3391,40.6251,40.801,41.1676],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,46.1219,49.718,53.8347,55.7808,56.7451,57.0217,56.7811,56.4395,56.3916],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower 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