ilmscore | Prediction Details
"So what we have to do is the formation of this entire chart pattern here. We can see how much is the average volume and then compare it with what happened here. So let us say I'm talking about this candle which also has a decent enough you know movement 2.7% movement. See the volume here is 23 millions. versus the one that we saw at breakout that was 68 millions. Just check the last line. Correct. So is this almost triple? Yes. Happy with that? Yes. Even if you check here this is 60 million. It's over and above that also. Okay. So typically one more point you have to remember. Check the volume of the breakout candle. Ideally we should be happy if it is 2x or more than that."
By CA Rachana Phadke Ranade | July 4, 2025 | Pending
From video
How to spot Genuine Breakouts? | Breakout vs Fakeout | CA Rachana Ranade 00:07:45 - 00:08:24
Interpreted Prediction
The breakout volume for Jio Financial Services (68 million) was significantly higher (more than 3x) than preceding volumes, indicating strong buying interest.
AI Evaluation Notes
The prediction discusses a breakout volume for Jio Financial Services being significantly higher than preceding volumes, indicating strong buying interest. To evaluate the accuracy, I need to find the stock's volume data around 2025-07-04 and assess whether the breakout volume indeed indicated strong buying interest and subsequent price increase. I will now search for data on JIOFIN around that period.

Prediction Details

Ticker
JIOFIN

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