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Nikita (SEBI RA)

4th Nov Β· SEBI-Registered Analyst

Retest with Rising Volume – The Confirmation Move βœ…πŸ“ˆ

πŸ“Š A Retest with Rising Volume confirms the strength of a breakout when the price revisits the breakout level and buyers defend it with higher volume. βœ… Formation: After breakout, price comes back to retest breakout level. Volume on retest day is higher than pullback volume. Candle closes positive or with lower wick near support. βœ… Meaning: Institutions validating breakout; strong continuation signal. πŸ“Œ Example: Stock breaks β‚Ή920 β†’ rallies β‚Ή980 β†’ retests β‚Ή925 with higher volume β†’ closes β‚Ή940 β†’ Retest with Rising Volume β†’ continuation confirmed. 🧠 Tip: Combine with price structure; higher low + rising volume = excellent follow-through setup.

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