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NAM-India - Weekly - Attempted to breakout 318

Oleh RoC_Momentum

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NAM India tried to breakout on weekly chart but it may need more strength or consolidation before it takes out 318

Nota

NAM failed to breakout 318 even after HDFC AMC, UTI AMC had a good rally. let see 318 level

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giving respect to breakout level. we will watch 318 on closing basis

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one more attempt failed.
answer is in 15 mins charts... only few bars are above breakout level.

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Happy to see breakout level act as resistance.. that proves, when it breaks it will be good breakout

Nota

Momentum resistance acted very well. lets wait for breakout

Nota

perfect set-up. stock taking resistance at breakout level. why to take un-necessary trade and this set-up helps

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