ilmscore | Prediction Details
"This can't be treated as a breakout. Why? Closing is not above the resistance line. Second thing, we said I will not consider this as a breakout because it has happened on an earnings day. So should not be considering this. Third, is this a good breakout? Yes. Are the volumes crazy? Absolutely crazy. Even visually you can see this. Look at the height of these volume bars versus look at the height of this volume bar. But fourth point, this was not followed by a confirmation candle."
By CA Rachana Phadke Ranade | July 4, 2025 | Incorrect
From video
How to spot Genuine Breakouts? | Breakout vs Fakeout | CA Rachana Ranade 00:09:15 - 00:09:43
Interpreted Prediction
A specific instance in Jio Financial Services failed as a breakout due to not closing above resistance, occurring on an earnings day, and lacking a confirmation candle, despite high volumes.
AI Evaluation Notes
The prediction stated that a breakout would fail. On July 4, 2025, the price did not close above resistance on an earnings day and lacked confirmation. The stock price on January 8, 2026, was ₹293.55. The stock did not have a successful breakout based on the criteria; however, the stock price has increased since the prediction was made on July 4, 2025. Because of this, I'm marking the accuracy level as somewhat inaccurate.

Prediction Details

Topic
Jio Financial Services Breakout Analysis

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.