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Priyansh_goel
Apr 19, 2024 11:41 AM

Resistance and trendline breakout formation Long

IGARASHI MOTORS INNSE

Description

Price is near to resistance and trendline breakout.
If it breaks 1) Trendline 2) Resistance and 3) 200 EMA then we expect good momentum from here. But only if it break all three and all of them is so close to price and one more thing take it as swing trade not expect much return from this trade.

Comment

This trade had given more than 10% move after breakout, now price at again resistance zone then we expect few days consolidation and again up side move.
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