A pharmaceutical stock is highlighted for its potential breakout above a 5-year resistance level at 1946, supported by increasing volume and bullish chart patterns.
Source Post
Charts Of The Week | Swing Trading | Stock Market Education | Sunil Gurjar | Hindi
Aug 8, 2026
The creator analyzes several stock charts, focusing on those nearing multi-year resistance levels and showing signs of potential breakouts. Key indicators discussed include volume action, candle size during momentum shifts, and price action around the 20 EMA. The analysis emphasizes waiting for clear resistance breaks before considering a stock for swing trading.
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Sudip Pharma is presented as an example of a stock identified by the Trademate screener, showing a VCP structure and a breakout candle.
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