ilmscore | Prediction Details
"Now intraday understand intraday was this a breakout? Yes it was. But what is the first point in our checklist that the breakout will be considered if the stock closes above the breakout level. Okay. It can't just be a wick which goes up intraday and closes below that. So this will not be considered as a breakout in the first place."
By CA Rachana Phadke Ranade | July 4, 2025 | Correct
From video
How to spot Genuine Breakouts? | Breakout vs Fakeout | CA Rachana Ranade 00:05:54 - 00:06:15
Interpreted Prediction
An intraday price move above resistance for Jio Financial Services was not a true breakout because the stock did not close above that level.
AI Evaluation Notes
The prediction stated that for an intraday breakout to be considered a true breakout, the stock must close above the resistance level. The statement indicated that if the stock doesn't close above that level, it won't be considered a breakout, which aligns with standard technical analysis principles, making the prediction accurate.

Prediction Details

Ticker
JIOFIN

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