ilmscore | Prediction Details
"if we are talking about a breakout it can't be only price it has to be accompanied by action. Now what is action? Action is nothing but volume. So if you see a nice breakout okay closing on closing basis also it has closed above the resistance line. It's not that that it in itself is not important. It has to be accompanied by good volumes."
By CA Rachana Phadke Ranade | July 4, 2025 | Correct
From video
How to spot Genuine Breakouts? | Breakout vs Fakeout | CA Rachana Ranade 00:03:13 - 00:03:32
Interpreted Prediction
Breakouts must be confirmed by significant trading volume, not just price movement.
AI Evaluation Notes
The prediction stated that breakouts must be confirmed by significant trading volume, not just price movement. This is a generally accepted principle in technical analysis; breakouts on low volume are often considered unreliable and prone to failure.

Prediction Details

Topic
Breakouts

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