- Breakaway gap seen above the resistance zone.
- Strong volume confirmation supports the breakout.
- Previous resistance ~₹180 has flipped into support.
- Currently consolidating above the breakout zone.Retest possibility remains, but structure suggests strength as long as ₹180 holds.
🔎 Classic example of a resistance-turned-support with volume validation. Useful for those studying breakout structures.Observation only, not a trade call. Educational use.
⚠️ Disclaimer: This chart is shared purely for educational and informational purposes. It is not a buy/sell recommendation or financial advice. Please do your own research or consult a SEBI-registered advisor before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.