The chart signals an upcoming violent move. I may be wrong but the risk is getting too low in here. Keep an eye out.
Holding this from lower levels - the reason being capitulation.
Jubilant Foodworks https://t.co/M1vLYEbkef

The selling climax is accompanied by volume bars of such magnitude that I highlighted in the chart. In almost all cases, they signify that even the last bull has thrown in the towel & there is no further selling left. Will observe in this case.
— The_Chartist \U0001f4c8 (@charts_zone) March 15, 2022
Jubilant Food pic.twitter.com/j7bGSdhkRW
More from The_Chartist 📈
It is important to analyse the strength of the breakout. If the price does not continues the move in 1 or 2 sessions and candles show long upper wicks, it is better to bring the SL closer. Distribution sign.
Will be helpful in next breakouts. https://t.co/AtZOj4bKeT

Learning: Strong breakout
— The_Chartist \U0001f4c8 (@nison_steve) July 2, 2021
1. Breakout candle will have no upper shadow or extremely less compared to the body
2. Volumes will be high (to avoid retailers to enter & also big hand absorbing all the selling)
3. Pullbacks will be rare/very less
4. Happens after a long consolidation pic.twitter.com/YTHDOnEdxo
More from Jublfood
Jubilant Foodworks https://t.co/ZBMsHWfg7R

The selling volumes with indecisive candles tell a lot about the selling pressure. I don't think there are more sellers left in here. It is one of the biggest trades for me and my views may be biased but SL is at a cost now so I lose nothing unless it gaps down.
— The_Chartist \U0001f4c8 (@charts_zone) April 7, 2022
Jubilant Food https://t.co/M1vLYEsngf pic.twitter.com/5GOCWtgScD