NAM India tried to breakout on weekly chart but it may need more strength or consolidation before it takes out 318
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NAM failed to breakout 318 even after HDFC AMC, UTI AMC had a good rally. let see 318 levelNote
giving respect to breakout level. we will watch 318 on closing basisNote
one more attempt failed. answer is in 15 mins charts... only few bars are above breakout level.
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Happy to see breakout level act as resistance.. that proves, when it breaks it will be good breakoutNote
Momentum resistance acted very well. lets wait for breakoutNote
perfect set-up. stock taking resistance at breakout level. why to take un-necessary trade and this set-up helpsDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.