Another Breakout Trade

٤ فبراير ٢٠٢١

Hello Traders! Let understand the behaviour of price movement, if we look at the BALKRISIND, it has faces almost 3 times resistance b/w the price 1725-50 at higher side and 1500-1535 on the lower side, but today it has been broken the range with the huge volume and MACD, RSI & 20 DEMA also supporting the price movement to go further higher till the level 2000 (posibilities), so i am bulish here. So trade with care! good luck!