3 months of Consolidation Breaout , if supported with good volumes Stock is ready to give Breakout and good participant for Rally RS : positive RSI : positive MACD : Positive Staying Above 315 can give Breakout in the stock
If stok sustains above 138 , can give 10%- 15 % retur in short team Flag Breakout
Channel Breakout in stock RSI : Above 50 RS :Avove 0
Stock Outperforming and a positive Breakout can be seen in the stock at leavel , if Breakout supported by volumes it can give 7-8% return in short term
Idea is to find cinfirmation from the Indicators for Trading , Indicators mentioned above in the title show us clearly about the Breakout happening in the stock, Note : these indicators also gives us a idea about where the stock is how it will react in near future. RSI : RSI nifty give us clear indication where stock is heading with its strength visa vis Nifty...