NMDC STOCK: Showing high contraction after a channel breakout.

These, a simple but very powerful way of trading PRICE ACTION PATTERNS. Only after getting a clear breakout from a down trend line(red line), you can take the trade.
In case, if there is any gap up opening than the setup dies {R.I.P}.

Trade closed manually:

These stock lived joyfully!!! Intraday was Profitable.