Possible breakout in KALYANKJIL TA learning chart for beginners
1. Kalyan Jewellers is trying to breakout its three month long resistance.
2.There is good volume built up but my only concern is todays wick. Although wick isn't bigger than body but in my experience wick at breakout level show sort of strong resistance.
3. The chart is very good for beginners who are interested in technical analysis it shows market phases an areas of resistance an accumulation.
4. I have given other etails in chart itself ,please boost my post & give me feedback in comments section.
2.There is good volume built up but my only concern is todays wick. Although wick isn't bigger than body but in my experience wick at breakout level show sort of strong resistance.
3. The chart is very good for beginners who are interested in technical analysis it shows market phases an areas of resistance an accumulation.
4. I have given other etails in chart itself ,please boost my post & give me feedback in comments section.
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Moving as per our analysis 17% + returns till now.