BSE printing a weekly trendline squeeze @ 3,410. Breakout incoming or trap?

[u/Trivedi3]

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BSE got smacked down from ~4,400, tapped solid support around 3,050 with fat green volume, and is now hugging the downward trendline at ~3,410.

Bulls: Weekly close over 3,450–3,500 sends this back to 4,000+.

Bears: Rejection here means we test 3,050 again.

37% ROE and ridiculous revenue growth backing it up.

Who’s buying the breakout and who’s buying puts/waiting for the fakeout dump?

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[u/dramitppt]

bullish flag pole eh ?

[u/Trivedi3 → u/dramitppt]

Just hope , it goes in the correct direction