Breakout above 198 is good.
Still steam is left .208 level to be watched.Above which it will turn bullish.
manish786
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its a fake breakout..let it give a closing above 200 then on the retracement if it tests 198 and faces it as a support then a upmove may be expected
ipranit99
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@manish786, its currently breaking out of triangle pattern.will this go long?
manish786
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@ipranit99, it may survive 200 will act as a hurdle fr the stock if it crosses that level with good volume then it may go upto 206 to 212
shahjapan
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It's called fake breakout didn't sustain above 195 at least it should close above 195 then only upside is possible...
shivampoharkar
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It fell down nearly 2 percent... @191..is the breakout still valid
dkmagu
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@shivampoharkar, It can fall if it breaks the support of 186-187. Today it crossed resistance of 189-190 which it was trying from the last few sessions. I would suggest keeping this stock for long term and u may get to buy it at lower levels. Better buy in dips for longterm period
Still steam is left .208 level to be watched.Above which it will turn bullish.