Note: This is for educational purpose only.
Usually whenever there is a breakout (bullish/ bearish), the rally is strong. Reason being, a build up near support shows no more buying pressure coming in. In IGL, breakout is done with strong volume. Expecting further downfall.
Usually whenever there is a breakout (bullish/ bearish), the rally is strong. Reason being, a build up near support shows no more buying pressure coming in. In IGL, breakout is done with strong volume. Expecting further downfall.