#NAMINDIA #NIPPONLIFEINDIA Breakout from previous resistance
NipponLife India asset management stock is breaking out from a previous resistance zone.
It is trending in a channel with good momentum and ADX trend strength rising high.
Volumes are decent above simple moving average.
Stop loss should be neckline of breakout below entry candle low and entry above high of alert candle.
It is trending in a channel with good momentum and ADX trend strength rising high.
Volumes are decent above simple moving average.
Stop loss should be neckline of breakout below entry candle low and entry above high of alert candle.