BHARATFORG High volume on strongest bullish candle at the trend breakout simply implies smart money gets in and the tock had retested its trend and at the support a bullish piercing candlestick pattern is formed and its high is breached. Conservative traders wait to break the green line and buy from 460, and making 425 as SL.
No fake breakout see levels slowly they exit and price came down we think retest ignoring volume at all. You see Ipca chart of date I don't remember 15 mins TF 12 o clock candle height. Please Check Ipca labs chart on 15 mins you will find big candle at 12 clock.
MOHIT09
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@Kirandeepc, In IPCA Labs, the supply was completely absorbed which led the stock to move at high levels
MrIndiaMarkets
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It seems like that was a fake breakout. Let's wait the week out and see.