Sharing weekly chart of Adiya Birla fashion here price action seems that it is breaking almost one year consolidation from parallel channel resistance and 100 also on weekly chart so by these kind of charts we can learn that price want to comeback in uptrend by breaking long consolidation, from the bottom volume bars also encouraging me for going a long trade in this stock so if i will got a weekly close above resistance which will definitely happen with above 100 Ema close on weekly chart. After execution i will update this trade and 235 below weekly close will be my stop loss for it.
NOTE- Only for Education Purpose.
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NOTE- Only for Education Purpose.
Please Give A Like If You Like
And now i will talk on weekly on weekly chart so the main focus i did for this idea on two things one is 100 ema second is parallel channel so on weekly chart there was also not a logic to go long in this stock sharing weekly chart below
Now i will update this idea again when all parameters described in idea matched