Breakouts:- Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher.
Support Zone :-A zone of support provides high probability areas where a reversal or continuation of the trend may occur.
Big Volumes Indicates:- High volume indicates that there is more interest in buying or selling a stock, and that more buyers and sellers are participating in the market
⭕ Swing Trading opportunity ! Hourly Chart Alert !!!⭕
--Buy = CMP
--Target = 1226
--Stop-loss = 1073
--R:R =1:4
--lot size =650
#ThankU For Checking Out Our Content , We Hope U Liked It 🎈
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline Breakout
2) Prior Down move before Breakout
3) Volume is good enough
4) Targets are based on resistance zone of previous swings
======================================================
Guys check out the related POST as well, it went FANTASTIC !
🙏FOLLOW for more !
👍LIKE if U find it useful !
✍COMMENT your views & feedback !