After a hugh upmove stock has been in consolidation.
Now stock has give a good breakout with almost highest volume since Sep 2021.
It has been consolidating and strongly taking support at 038 fibo level.
For last three weeks it have been approaching the resistance line and now gave breakout.
There is high probability that it may make a new fresh 52 week high in upcoming weeks.
This post is for information purpose only.
Do not consider it as call.
Now stock has give a good breakout with almost highest volume since Sep 2021.
It has been consolidating and strongly taking support at 038 fibo level.
For last three weeks it have been approaching the resistance line and now gave breakout.
There is high probability that it may make a new fresh 52 week high in upcoming weeks.
This post is for information purpose only.
Do not consider it as call.
Comment:
Made high of 924 on 27th April.
That is 17%+ up from the breakout candle's closing.
That is 17%+ up from the breakout candle's closing.
i.e. 9.4%+ from last week's closing.
This move came in first two days of this week.