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 move above resistance for Jio Financial Services was not considered a true breakout because it did not close above that level.
AI Evaluation Notes
The prediction stated that an intraday move above resistance is not a true breakout unless the stock closes above that level. This is a standard technical analysis principle, making the prediction accurate.

Prediction Details

Topic
Jio Financial Services Breakout Analysis

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