Observing a surge in trading volume yesterday compared to the previous day suggests a high probability of significant movement in either direction for Nifty following a breakout. This indicates that a breakout, either upward or downward, may result in rapid movements in Nifty's price."
Disclaimer:
The trading idea shared here is for informational purposes only and does not constitute financial advice. Trading in financial markets involves substantial risk, including the risk of losing capital. It is essential to conduct thorough research and consider individual risk tolerance before making any trading decisions. The outcome of trades based on this idea may vary due to market conditions, unforeseen events, and other factors. Past performance is not indicative of future results. Readers are advised to consult with a qualified financial advisor or professional before engaging in any trading activities. The author does not guarantee the accuracy or completeness of the information provided and shall not be held liable for any losses incurred as a result of reliance on this idea.