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!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.