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NAM-India - Weekly - Attempted to breakout 318

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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
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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
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Momentum resistance acted very well. lets wait for breakout
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perfect set-up. stock taking resistance at breakout level. why to take un-necessary trade and this set-up helps
namindiaTrend Analysis

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