VEDL long consolidation BO

Stock will start booming after a consolidation at a resistance before BO; otherwise, a reversal is likely from resistance if the supply is huge.

For a successful breakout, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe.
Following the breakout, the ideal entry point would be after a consecutive candle that breaks above the breakout candle
As always, remember to do your own research before making any investment decisions!