The Bombay Stock Exchange (BSE) stock may experience a breakout, a retest and bounce, or a fake-out, with traders needing to monitor the chart structure.
"now when could we witness a breakout this is where we could witness a breakout so there could be multiple possibilities breakout directly goes up. Possibility number two, breakout, retest and bounce and possibility number three, it's not a breakout. It's a fake out and it goes down from here."
