Technical Development on Weekly Chart – Birla Cable

748
📈 BIRLA CABLE – Chart Talking Loud Now!

✅ 200 DEMA crossed
200 Dema was providing solid resistance and now taken out marked with blue line.

❌ At Counter-Trendline
Solid CT thrown from the top of the pattern, dotted white line shows that.

✅ Demand Zone Holding Strong
Clearly shown a solid supply zone which got converted into a Demand only after the Breakout some months back.

After months of consolidation and rejection from the same supply zone… price is now attacking with volume 🔥

🧠 “When structure aligns with emotionless patience, conviction follows.”

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.