{"schema_version":"1.0","name":"TIPSMUSIC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"88b7289e-9ba3-4e04-bc14-91a51e164c73","symbol":"TIPSMUSIC","name":"Tips Music Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Communication Services","industry":"Entertainment"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","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, Strength versus the research benchmark, Drawdown and recovery pressure, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Directional strength and control."},{"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":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","evidenceAlignment":{"status":"Price ahead of underlying support","headline":"The upward price response is leading Market Dynamics","summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. The upward price structure is leading its underlying support.","take":"Treat the gap as an early-downside risk watch. 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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.4,"sample":20},{"week":2,"averageReturn":-1.6,"sample":20},{"week":3,"averageReturn":1.2,"sample":19},{"week":4,"averageReturn":3.3,"sample":19},{"week":5,"averageReturn":3.2,"sample":19},{"week":6,"averageReturn":4.2,"sample":19},{"week":7,"averageReturn":8.0,"sample":19},{"week":8,"averageReturn":8.6,"sample":19},{"week":9,"averageReturn":7.6,"sample":19},{"week":10,"averageReturn":9.1,"sample":18},{"week":11,"averageReturn":8.7,"sample":18},{"week":12,"averageReturn":10.5,"sample":18},{"week":13,"averageReturn":8.7,"sample":18},{"week":14,"averageReturn":9.1,"sample":18},{"week":15,"averageReturn":9.6,"sample":18},{"week":16,"averageReturn":12.4,"sample":18},{"week":17,"averageReturn":12.2,"sample":18},{"week":18,"averageReturn":12.9,"sample":18},{"week":19,"averageReturn":13.3,"sample":18},{"week":20,"averageReturn":12.2,"sample":18},{"week":21,"averageReturn":16.3,"sample":18},{"week":22,"averageReturn":15.2,"sample":18},{"week":23,"averageReturn":18.2,"sample":18},{"week":24,"averageReturn":16.4,"sample":18},{"week":25,"averageReturn":15.6,"sample":17},{"week":26,"averageReturn":18.0,"sample":17}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":2,"completedEpisodes":2,"activeEpisodes":0,"medianExpectedMove":29.6,"averageExpectedMove":29.6,"averageWeeksToLargestMove":12.0,"horizons":[{"weeks":4,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-8.5,"medianReturn":-8.5,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-29.6,"medianReturn":-29.6,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":2,"expectedCount":2,"expectedPercent":100.0,"averageReturn":-26.4,"medianReturn":-26.4,"confidenceLow":34.2,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-1.6,"sample":2},{"week":2,"averageReturn":-5.8,"sample":2},{"week":3,"averageReturn":-6.2,"sample":2},{"week":4,"averageReturn":-8.5,"sample":2},{"week":5,"averageReturn":-15.2,"sample":2},{"week":6,"averageReturn":-14.9,"sample":2},{"week":7,"averageReturn":-16.7,"sample":2},{"week":8,"averageReturn":-21.6,"sample":2},{"week":9,"averageReturn":-22.3,"sample":2},{"week":10,"averageReturn":-23.1,"sample":2},{"week":11,"averageReturn":-23.9,"sample":2},{"week":12,"averageReturn":-29.6,"sample":2},{"week":13,"averageReturn":-25.0,"sample":2},{"week":14,"averageReturn":-26.9,"sample":2},{"week":15,"averageReturn":-23.1,"sample":2},{"week":16,"averageReturn":-30.3,"sample":2},{"week":17,"averageReturn":-26.5,"sample":2},{"week":18,"averageReturn":-28.1,"sample":2},{"week":19,"averageReturn":-23.2,"sample":2},{"week":20,"averageReturn":-27.5,"sample":2},{"week":21,"averageReturn":-26.7,"sample":2},{"week":22,"averageReturn":-29.0,"sample":2},{"week":23,"averageReturn":-25.9,"sample":2},{"week":24,"averageReturn":-25.6,"sample":2},{"week":25,"averageReturn":-26.9,"sample":2},{"week":26,"averageReturn":-26.4,"sample":2}]},"currentApplication":{"status":"Price ahead of underlying support","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"Treat the gap as an early-downside risk watch. Stronger Market Dynamics would confirm the price move; a weaker price response would confirm that the gap is closing through correction.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":38.9,"averageReturn":17.1,"sample":18},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 38.9% of comparable cases moved lower after 12 weeks, with an average move of 17.1% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 2 cases. Distinct visits lasted 6.5 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 9.5% across 18 completed cases, with the largest move arriving after 5.7 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2024-11-22","price":824.792786},{"date":"2024-12-13","price":787.191833}],"price_pressure_gaps":[{"date":"2024-11-08","price":859.479004},{"date":"2024-12-06","price":853.649292}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","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"],"close":[734.1348,729.5316,699.6836,672.3553,661.4045,663.0521,696.4857,803.4733,756.6177,777.0872,872.0612,859.479,898.2459,824.7928,834.6545,853.6493,787.1918,788.2606,772.2777,714.2731,666.7132,670.1624,655.1512,628.3666,664.8785,647.1107,648.087,577.0156,620.9471,605.571,669.0276,617.2374,637.2993,625.926,646.3785,625.1938,617.9695,591.269,622.6555,649.2584,634.7611,668.7347,657.9471,643.2057,657.9471,651.992,635.2492,621.1423,594.1977,568.4246,578.0084,578.1066,571.7657,571.9132,570.7826,588.7241,589.6089,576.6812,568.6199,539.7661,503.6866,523.2555,523.9986,490.4591,486.3472,499.2775,548.0261,520.8775,540.5949,535.2445,523.5528,546.5895,521.9674,523.1564,524.7,543.85,558.45,576.5,554.0,539.7,510.35,490.9,515.55,500.45,528.5,539.45,585.55,665.15,649.7,648.35,646.65,681.05,662.45,690.95,640.25,653.0,637.85,684.65,711.55,669.0,699.45,668.05,645.35,670.9],"consensus":[50.8505,35.0298,0.0,0.0,0.0,0.0,34.5262,74.891,0.0,47.4427,70.1975,15.9506,58.323,0.0,8.777,24.9108,-37.7377,-10.0582,-22.9118,-51.91,-60.5242,-29.3134,-37.5741,-39.8799,0.0,-25.2221,-13.2936,-57.7152,0.0,-35.111,26.3775,-30.463,0.0,0.0,0.0,-18.2322,-15.3936,-32.3538,0.0,22.5065,-9.7932,37.194,0.0,-9.292,20.3856,0.0,-19.3792,-25.9595,-45.042,-46.2803,-17.4495,-23.0129,-34.7412,-11.8093,-14.0862,10.7079,0.0,-17.3957,-22.8356,-47.5067,-63.2879,-9.127,-27.1121,-56.4969,-30.8246,-8.0441,45.9011,-24.745,31.1662,0.0,-20.3864,31.8598,-23.8158,0.0,0.0,22.3557,35.0598,41.4462,0.0,-14.431,-36.9414,-43.6938,0.0,-31.3605,29.0032,20.6072,58.6319,72.1042,15.3354,32.4649,32.0148,60.0474,8.7159,45.0789,0.0,13.7982,0.0,33.4567,43.9479,-18.6751,40.2514,-23.1415,-33.4988,21.8082],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","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"],"control":[-41.9566,-13.6443,-14.1087,8.9931,0.0,-21.866,-26.4681,-47.7088,-58.6982,-0.3903,-24.4429,-57.8424,-31.33,-0.2138,42.4011,-31.6994,26.1491,0.0,-20.9312,32.4952,-24.9411,0.0,0.0,25.2573,34.3366,38.5821,0.0,-20.3847,-35.8699,-44.6868,0.0,-28.1435,30.6644,14.8004,56.5669,66.8714,5.8206,25.4183,27.4748,64.0635,7.0977,35.3962,0.0,22.688,0.0,44.9332,43.4576,-21.0261,23.8976,-20.7617,-29.5682,26.3016],"force":[-26.7412,-2.8439,-1.0482,32.0394,0.0,-19.9589,-25.8167,-52.4922,-81.75,-26.8572,-10.1761,-60.2072,-11.7415,-23.6815,88.7692,-51.0393,51.017,0.0,-25.2079,42.5029,-34.9023,0.0,0.0,34.1947,37.6791,40.2458,0.0,-24.026,-43.5591,-40.4784,0.0,-34.8691,52.8425,22.2939,74.5041,91.8147,34.057,5.5663,8.5739,69.7986,32.6254,49.8132,0.0,5.1853,0.0,23.8948,30.845,-70.2158,65.6654,-59.818,-51.8355,35.5156],"direction":[-32.2093,-20.1788,-23.3733,2.5693,0.0,-10.4559,-16.5549,-43.7147,-55.346,-45.707,-42.2598,-52.3088,-43.8776,-39.654,19.281,-1.9845,22.7209,0.0,-16.3198,23.5314,-14.6108,0.0,0.0,10.5832,34.0153,45.5768,0.0,-0.7731,-33.4391,-44.8555,0.0,-32.5308,10.0765,26.0388,49.6548,64.0057,61.4896,59.7315,53.9469,48.4923,40.0947,52.7633,0.0,9.7906,0.0,27.1706,53.8676,-20.8265,40.7884,-0.3361,-24.8933,6.8819],"intensity":[1.9231,21.1538,3.8462,42.3077,15.3846,28.8462,26.9231,61.5385,61.5385,36.5385,9.6154,63.4615,67.3077,7.6923,84.6154,65.3846,75.0,25.0,21.1538,46.1538,50.0,48.0769,86.5385,30.7692,15.3846,67.3077,46.1538,55.7692,65.3846,67.3077,55.7692,23.0769,63.4615,84.6154,94.2308,100.0,98.0769,32.6923,17.3077,75.0,34.6154,78.8462,98.0769,7.6923,48.0769,94.2308,61.5385,84.6154,82.6923,84.6154,42.3077,50.0],"confirmation":[78.7634,49.2445,49.4432,49.9842,1.312,73.5766,75.3429,83.351,88.8847,7.7818,76.2004,86.1716,77.2746,6.7786,84.0481,54.3705,78.6546,24.7291,74.6623,78.5098,75.9418,2.9694,0.7564,75.4704,79.31,81.2698,29.3289,50.1529,80.0393,81.8689,29.6909,78.1913,77.9822,74.7342,87.2774,91.7538,10.8125,55.0097,77.5995,87.4511,8.5139,82.7171,4.8363,49.3508,24.4835,78.2399,81.6715,34.6206,81.9042,53.9644,79.3383,37.9161],"persistence":[87.5,100.0,100.0,75.0,62.5,62.5,62.5,62.5,62.5,62.5,62.5,87.5,100.0,100.0,75.0,75.0,50.0,37.5,37.5,12.5,12.5,0.0,12.5,12.5,12.5,25.0,37.5,12.5,12.5,0.0,0.0,25.0,25.0,25.0,12.5,12.5,37.5,62.5,75.0,100.0,100.0,100.0,87.5,87.5,75.0,75.0,75.0,50.0,50.0,25.0,12.5,12.5],"assessmentRisk":[26.5522,16.4685,20.0042,27.2,44.3355,26.9409,2.8353,26.1715,18.3545,45.2906,36.1488,21.4745,23.4977,39.9196,16.2784,55.2412,33.3738,42.8055,28.4981,22.9107,20.1965,25.6958,3.1136,17.2947,29.9181,28.7831,45.4765,4.3382,31.0684,28.1475,50.1069,32.6716,21.7851,39.1333,20.5001,13.9463,42.2972,33.6883,32.2271,5.869,15.4321,22.6064,7.4303,42.011,29.8831,26.0677,26.6178,30.6393,28.418,13.3875,31.8809,7.9109],"volumeParticipation":true,"latest":{"consensus":21.8,"control":26.3,"force":35.5,"direction":6.9,"confirmation":37.9,"persistence":12.5,"assessmentRisk":7.9,"intensity":50.0,"evidenceDepth":100},"analysis":{"status":"Price structure has stronger support","headline":"The gauges support the price-technical view","summary":"Price structure and Market Dynamics disagree. The completed evidence gives the upward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"positive","supportedView":"Price structure","direction":"upward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Follow-through is limited","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"+21.8","detail":"Price structure has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+26.3","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+35.5","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction 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