A potential box breakout can be on the line. This stock is looking strong as it is holding its level even when nifty is retracing back. Volumes are also encouraging (Circled some for the reference.)
But we don't need to jump into the trade if it does not halts at higher level before breakout. It needs to consolidation for day or two at higher levels before it breaks out. Longer the wait better the breakout will be.
Keep an eye folks .
Cheers and Happy Trading.
Disclaimer:- I am not SEBI registered. Trade with your own risk and caution.
But we don't need to jump into the trade if it does not halts at higher level before breakout. It needs to consolidation for day or two at higher levels before it breaks out. Longer the wait better the breakout will be.
Keep an eye folks .
Cheers and Happy Trading.
Disclaimer:- I am not SEBI registered. Trade with your own risk and caution.
