cholmandalam investment retracement from 62%price action volume
trend bullish as retrace from % level
weekly marubozu candle
good volume w.r.t to previous week
weekly break out can occur
tgt 645
above 645 weekly close tgt 724
sl 541 weekly close
Priceactionvolume
Big breakout on TATA MOTORSTATA MOTORS after 2017 crossed 200WMA
the volume is huge w.r.t previous week
this chart is clear example of price action volume
First rectangle : Accumulation
Second rectangle : small breakout retest and again accumulation
then big breakout with huge volume
we can not predict intensity of breakout but closely if we follow
price action we can read movements in the charts and accumulate for large moves
