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AMIORG Rectanlge Breakout with Low Vol Pullback

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AMI Organics Ltd
NSE: AMIORG


On 15 May 2023 AMIORG gave a Rectangle Breakout after multiple retests with a massive breakout volume.
After a small follo-through; a sharp downmove with low volume retesting the rectanlge pattern.

Likely to consolidate near the pullback zone; and move above 1300 to fly higher.

Strong close above 1300 confluences the pattern with 1100 stop and target of 1450 can move higher if trend sustains above 1300.

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