My study on Tata power
Example of Volume and breakout combination
Add on dips stock
From Consolidation to uptrend
Candle 1 is BO candle after 97 days Consolidation
Healthy candle with decent volume
follow-up volume is also good
Candle 2 was again BO candle with good volume
Candle 3 was Trade line BO with volume
now it was gap up which is showing strength with
Example of Volume and breakout combination
Add on dips stock
From Consolidation to uptrend
Candle 1 is BO candle after 97 days Consolidation
Healthy candle with decent volume
follow-up volume is also good
Candle 2 was again BO candle with good volume
Candle 3 was Trade line BO with volume
now it was gap up which is showing strength with
Trade active
not given closing above 114stock currently consolidating
volumes almost drying up
so add on every dip
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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.