Kajaria Weekly chart
Hi Peeps !
This chart shows us an perfect example of rectangle breakout.
Here it broke put with strong candle and came for a retest. Once retest is done it will show its upward potential.
Sl can be previous weekly low.
Note : whenever an good company rallies much..it would take some time and consolidate for few months and again shows its potential..same like this 😉
Hope this helps you.
Thank !
This chart shows us an perfect example of rectangle breakout.
Here it broke put with strong candle and came for a retest. Once retest is done it will show its upward potential.
Sl can be previous weekly low.
Note : whenever an good company rallies much..it would take some time and consolidate for few months and again shows its potential..same like this 😉
Hope this helps you.
Thank !
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