@noobtraderv, zoom out and see, it was a strong resistance since 2014, so when stock starts moving up it's going to move quick.
Vasukipriya
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@DalalStreetTrader, it's wrong my friend, price moves downwards quickly than upwards. Because the power of Fear is more than the power of Greed.
Moreover, there are stronger resistances in between. Now only you can't say where it will go. You can only say nearer resistance points as a target. In order to move up, it has to break all those resistances. And your Risk-Reward is inappropriate. It's not only the R-R ratio that you have to maintain, you also need to maintain the number of points that move.
DalalStreetTrader
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@noobtraderv, YOU'RE A NOOB
DalalStreetTrader
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🤑🤑🤑 Look at this fast movement & Don't question my prediction
Vasukipriya
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@DalalStreetTrader, lol it's not of Canara Bank. It of M&M. Moreover it didn't even give the breakout to the upper trend line. First, learn to be good. Later learn to trade properly. XD
DalalStreetTrader
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@noobtraderv, Ya I gave you an example of M&M, It gave breakout also. And target reached also. You're a noob just like your username, can't check post properly also..
Vasukipriya
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@DalalStreetTrader, I know. But I don't think that you are even a trader??? C'mon