kalyanganguly
Long

National Alum - Kind of bullish breakout

NSE:NATIONALUM   NATIONAL ALUMINUM
Note: This is for educational purpose only.

There seems to be a bullish breakout with high volume . However, I am not too convinced if this is a true breakout or a false breakout due to wick which indicates selling pressure coming in. Need to wait for confirmation on next candle being closed above high of the current candle.

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