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Nikita (SEBI RA)

20th Aug · SEBI-Registered Analyst

“Why Strong Trends Often Defend Previous Breakouts”

A breakout level can become important after price moves beyond it. Watch for: Price holding above the previous resistance Buyers entering during pullbacks Strong continuation after the retest Limited rejection below the level Learning: A successful breakout can change the role of a level from resistance to support. $JMFINANCIL

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