Breakout in Nahar Industrial Enterprises Limited...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Note
Runaway Gap...Note
A runaway gap is a term used to describe a significant price gap on a price chart that occurs during a strong trend. A runaway gap typically indicates a continuation of the existing trend and suggests that the momentum behind the trend is accelerating.Trade closed: target reached
Note
Trading above resistance 1...
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