why breakout failed explain in details technical analysis
MARUTI A breakout can fail when price cannot sustain above the breakout level.
Weak or declining buying volume often indicates a lack of conviction.
Strong profit booking after the breakout can push prices back below resistance.
If the price closes back below the breakout zone, it signals weakness in momentum.
A failed retest of the breakout level can further confirm the failure.
Broader market weakness or negative news can also trigger selling pressure.
A quick move above resistance followed by a sharp reversal is often called a false breakout.
Traders should wait for sustained price action and volume confirmation before treating a breakout as reliable.
Chart is attached for your study purpose
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