Another good example of candles respecting Parallel Channel
After giving Breakout from PC A at 3875
It couldn't sustain Break-in of PC B and now at support level of 4225
If candles respects the Support level we can see up move till upper line of PC B
If not, we may see downward movement till PC A upper line
Fundamentals are looking strong with Q1FY 23 results
Considering above factors bullishness will take us to new ATH
After giving Breakout from PC A at 3875
It couldn't sustain Break-in of PC B and now at support level of 4225
If candles respects the Support level we can see up move till upper line of PC B
If not, we may see downward movement till PC A upper line
Fundamentals are looking strong with Q1FY 23 results
Considering above factors bullishness will take us to new ATH