This chart showcases STARCEMENT’s recent price action where a sustained breakout above long-term resistance was confirmed with consecutive high-volume candles. The trade setup indicates an entry at ₹295.60, targeting a continuation move, with a stop loss defined at ₹280.00 to manage risk. Multiple volume breakout candles provide confirmation for bullish momentum.
The pattern reflects accumulation, followed by a sharp rally as buyers overpowered sellers. Key levels, including support at the breakout point (around ₹260–₹280), are based on both historical price and volume clusters. Indicators highlight healthy volume surges and positive momentum, potentially validating further upside if price holds above SL.
• Highlighted Features:
• Volume BO (Breakout) candles mark significant buying pressure.
• Defined risk and reward with visible Entry and SL.
• Strong upward move after a consolidation phase.
• Analysis relevant for swing and positional traders.
Traders should monitor for continued volume support and price action above the entry level to sustain the bullish scenario. This example demonstrates a classic volume breakout approach in Indian equities for August 2025.
The pattern reflects accumulation, followed by a sharp rally as buyers overpowered sellers. Key levels, including support at the breakout point (around ₹260–₹280), are based on both historical price and volume clusters. Indicators highlight healthy volume surges and positive momentum, potentially validating further upside if price holds above SL.
• Highlighted Features:
• Volume BO (Breakout) candles mark significant buying pressure.
• Defined risk and reward with visible Entry and SL.
• Strong upward move after a consolidation phase.
• Analysis relevant for swing and positional traders.
Traders should monitor for continued volume support and price action above the entry level to sustain the bullish scenario. This example demonstrates a classic volume breakout approach in Indian equities for August 2025.
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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.
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.