nikhilgodhani

""Classic example of Breakout with Volume"[HAPPSTMNDS]

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nikhilgodhani Updated   
NSE:HAPPSTMNDS   HAPPIEST MINDS TECHNO LTD
''Happstmnds Recent IPO"
After very good IPO listing
Stock was in consolidation after Steller listing
was not able to break first day high for quit few times

1. Try to break in first attempt(shown in candle '1')
good volumes seen but candle was weak onw
But BO of this candle not happened

2. Again try to BO (shown in candle '2')
good volumes with very strong candle
after forming candle '2'
stock went to consolidation with decreasing volumes
BO of candle '2' happened with strong candle and good volume
then very good move seen

this is live example of breakout with volume
Trade active:
559 to 648 still looking strong
almost 16% form 559

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