SAURASHCEMPerfect example of how a clean base + quality breakout can lead to a strong move.
🔹 Stage 1 Base formed with multiple rejections near ₹99 level — price coiling in a tight range.
🔹 Volume dried up during the base — a healthy sign of supply exhaustion.
🔹 Notice the slow downmove and 2 inside days with low volume – signals a lack of aggressive sellers.
🔹 Then came the 2 big volume bars, breaking out with conviction – exactly what you want to see.
🔹 Entry trigger was the breakout above ₹99
Now in Stage 2 with strong follow-through.
📈 More upside likely if a good base forms again near recent highs (~₹129).
✅ Key Takeaway:
Breakouts backed by clean structure and big volume have higher odds of success. Avoid noisy setups, wait for quality.
The above information is for educational purposes only.
Before acting on any investment idea please do your own analysis and follow proper risk-to-reward, position sizing rules
⦿ If you found this idea Useful, please like and comment 👍💬
Keep Learning,
Happy Trading 🤞
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。