IpcaLab | Big Breakout with Volume | For Education Purpose ||

Breakouts:- Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher.

Support Zone :-A zone of support provides high probability areas where a reversal or continuation of the trend may occur.

Big Volumes Indicates:- High volume indicates that there is more interest in buying or selling a stock, and that more buyers and sellers are participating in the market


⭕ Swing Trading opportunity ! Hourly Chart Alert !!!⭕

--Buy = CMP
--Target = 1226
--Stop-loss = 1073
--R:R =1:4
--lot size =650

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Trendline Breakout
2) Prior Down move before Breakout
3) Volume is good enough
4) Targets are based on resistance zone of previous swings

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