GMR Infra - A monthly close above 38 will confirm the breakout above 2012 highs. The primary aim would be to ride the trend till it reverses. Will wait for the closing today. ✅

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Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p

Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
It is important to analyse the strength of the breakout. If the price does not continues the move in 1 or 2 sessions and candles show long upper wicks, it is better to bring the SL closer. Distribution sign.
Will be helpful in next breakouts. https://t.co/AtZOj4bKeT

Learning: Strong breakout
— The_Chartist \U0001f4c8 (@nison_steve) July 2, 2021
1. Breakout candle will have no upper shadow or extremely less compared to the body
2. Volumes will be high (to avoid retailers to enter & also big hand absorbing all the selling)
3. Pullbacks will be rare/very less
4. Happens after a long consolidation pic.twitter.com/YTHDOnEdxo
Fresh case - RUPA https://t.co/nqq5nI1wLU

Respect your stop losses in the stocks that have gone down today with heavy volumes even on a strong day.
— The_Chartist \U0001f4c8 (@charts_zone) March 17, 2022
VTL pic.twitter.com/3pJ9XngCDL
More from Gmrinfra
https://t.co/nY0plirqMe
#GMRINFRA
— @TradeWise\u2122 \u26a1 (@charan_more) September 28, 2020
For the last 8-9 years, we have witnessed sideways trading range GMRINRA between 10-35 with multiple rounding bottom. are we missing the breakout timing of GMRINRA after one decade narrowed trading? pic.twitter.com/j8uxP3g5oT