ilmscore | Prediction Details
"the entire oil and gas index has been in a sideways trend... the overall you know price movement in that specific sector oil and gas broke out and after that you can see here around 2024 beginning we were seeing a consolidation in that specific sector then we could see a breakout but still it was the sectoral movement was actually sustaining about above the breakout level it's still sustained about that and right now you can see this week end so basically friday closing I'm doing this as a shoot and release so we are shooting this video today only we are releasing it today only right so here you can see that the week has closed week is not week week this entire week has closed pretty strongly you can see here it has closed very comfortably above this resistance line"
By CA Rachana Phadke Ranade | August 9, 2024 | Pending
From video
Two Stocks at Multi Year Breakout? | CA Rachana Ranade 00:02:27 - 00:03:26
Interpreted Prediction
The Oil and Gas sector index broke out of a multi-year sideways trend and has been sustaining above the breakout level. The most recent week closed strongly above resistance, indicating positive momentum.

Prediction Details

Topic
Oil and Gas Sector Performance

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