Aditya Birla Fashions: Nice Pullback
Notice the pull back to the prior selling / breakout zone, represented by the top two horizontal red lines. Price has come back to retest or check for sellers. Notice the dip in volume in the last couple of trading sessions which represents the probe or retest.
If my assessment is right, price is likely to breakout soon. A move past 186 would be an interesting outcome to look forward to. Let's wait and watch
If my assessment is right, price is likely to breakout soon. A move past 186 would be an interesting outcome to look forward to. Let's wait and watch
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