at crucial levels can hope for break out , buy or go for long

premanandh Updated   
torrent pharma is at crucial level currently the market is in major resisitance levels which is in confluence with upper band of channel line i have already posted before one month that market will fall from these levels 1419, it came down to little extent.but after one month of fall yesterday a single long green candle with with good volume covered the entire downfall of one month. if today also the candle breaks the major support level 1419 levels we can assume a break out on upside and uptrend may start
Comment: couldnt break the upper channel line the market has reversed

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