Bharat Bijle Price & Volume contracting.

מעודכן
Stock has narrowing down candle by candle.
There is price as well as volume contraction.
This price movement precedes a big move.

Stock is consolidating since 2009. Stock is on the verge of multiyear breakout. Stock is being accumulated as evident by volumes. check image below

תמונת-בזק

Simple wedge pattern on daily time frame

תמונת-בזק

For attempting a breakout trade place SL at 1175
הערה
Multi year brekaout complete.
Now multi Bagger returns 😃
Beyond Technical AnalysispriceactionrangebreakoutTrend Analysis

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