Rectangular channel breakout. Penny stock. Currently in upper circuit, keep in radar for entry. Do your research
Nagarjuna Fertiliser gives a perfect example of resistance turning support pattern. trading at 12.7 I feel its a great level to accumulate this stock as there is volume sprut on chart at breakout levels.
As you go through monthly candle a trend line was formed there and breakout happen . Then go to weekly chart and breakout happened. See the chart all are market. No recommendations for buy or sell just learn the things how they happen . Analyze and learn.
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