{"id":11151,"date":"2022-07-03T16:04:26","date_gmt":"2022-07-03T10:34:26","guid":{"rendered":"https:\/\/blogs.univest.in\/?p=11151"},"modified":"2022-10-13T13:00:46","modified_gmt":"2022-10-13T07:30:46","slug":"weekly-breakouts-01st-july-2022","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/weekly-breakouts-01st-july-2022\/","title":{"rendered":"Weekly Breakouts 01st July 2022"},"content":{"rendered":"

Technical charts give a sense of what is the likely future direction of any stock. The charts are assumed to capture the news and events and factor these in the price. One of the most common ways of identifying stocks with potential upside is reading charts and identifying the trends and price movements. Growing volumes with price breakout indicate greater investor interest and signs of further upward movement in the short to midterm.<\/p>\n

This week saw the Nifty 50 end the week 0.34% lower than the last week, not indicating any specific direction for movement. Some stocks have clearly demonstrated this week that they have an upside from here on. These stocks gave a price volume breakout with a potential to head higher in the next few weeks. Based on a propriety analytics, we have identified stocks that have given favourable breakouts on the week ending 01st July 2022.<\/p>\n

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