KSCL has given breakout with huge volume. But if you check its history, it has hardly maintained its momentum after such volume.
So, I am littile cautious about going long immediately. If it opens gap up and sustain above 425, it can give nice upmove.
If it opens flat, I think breakout will fail. So, be ready to grab shorting opportunity also.
So, I am littile cautious about going long immediately. If it opens gap up and sustain above 425, it can give nice upmove.
If it opens flat, I think breakout will fail. So, be ready to grab shorting opportunity also.