Technical Development on Weekly Chart – Birla Cable

753
📈 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 publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.