- Posting the chart to show the potential of a perfect price and volume breakout.
- The breakout above 284 went till 490.
- From March this stock was in a sideways consolidation with low volumes.
- From 27 september to 1st october this stock traded from a low of 238 to 250 with a volume of 0.979 million stocks getting traded in NSE.
- Next week from that is from 4th October to 8th October stock went from a low of 243 - to a high of 299 with 8.4 million stocks getting traded.
- Weekly chart is showing major support at 380 levels and resistance at 590 levels.
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
Showing posts with label Trading lessons. Show all posts
Showing posts with label Trading lessons. Show all posts
November 3, 2010
Price volume breakout - ABG SHIPYARD LTD
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