Shreyas industries stock is traveling through a descending channel pattern since 2018. Now the stock price is very near to channel resistance. either stock will give a good breakout or continue their journey in the descending channel. But the stock will give a good breakout because there are multiple confirmations Confirmations: 1-> Stock is trading above the 20 days moving average 2-> Good Volume activity in past days 3->stock is trading near to the 200 days moving average If the stock crosses the 200 days moving average in a weekly timeframe, the stock will start a bull run. Buy - after channel pattern breakout If you like my idea then please follow me the trading view Keep learning and keep growing