10827 Classic Consolidation Breakout(9Star Set-up)

Reason for long
a) Consolidation breakout

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1. list=1]
   
2. Powered by vwap breakout.
   
3. Strengthened by weekly breakout.
   
4. Intensified by three month breakout.
   
5. Energized by Positive previous Quarterly result.
   
6. Punched by QQE breakout.
   
7. Facilitated by Volume burst.
   
8. Armed by breakout non over-lapping candle.
   
9. Catalyzed by breakout candle having Open=Low candles (OL candles)
   
10. Patronized by Head and Shoulder Set up
    
    
11. 
    

This is one of the classic consolidation breakout and covered only few points to enhance the reasons for consolidation breakout.

Trade closed: target reached:

T1 done

Comment:

near T2