1. I am little bit cautious on this chart.
2. Its definitely we can see the breakout candle on chart which has broken yellow neckline.
3. But here is crux point, its called concept of space. after breaking out previous resistance, there is immediate another major hurdle from where the price rejected two times and the major trend of this stock is also bearish on HTF.
Note :- We can get more clarity and confirmation to go long, just after breaking of MAJOR RESISTANCE which is around 105/110.
2. Its definitely we can see the breakout candle on chart which has broken yellow neckline.
3. But here is crux point, its called concept of space. after breaking out previous resistance, there is immediate another major hurdle from where the price rejected two times and the major trend of this stock is also bearish on HTF.
Note :- We can get more clarity and confirmation to go long, just after breaking of MAJOR RESISTANCE which is around 105/110.