picture perfect reason why we should look into longer time frame

here , in day chart this scrip looks like a good pattern to buy . but when you look into the weekly tf you can find that its right at the middle of the range within which it is for years! , as far as the current trend is concerned . this looks bullish . I personally don't take this trade due to this as the tides can turn either way . this scrip is only for educational purpose!


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