Welspun Enterprises Long position
1. Following the channel, the channel was broken twice but the price enters back to the channel.
2. 95 was resistance, but now working as a support
3. Fibonacci retracement
4. Bollinger band support at 95 with ADX, again confirm this level.
5. Down move not supported by volume.
4. 93 level can be sl only if it breaks with high volume.
2. 95 was resistance, but now working as a support
3. Fibonacci retracement
4. Bollinger band support at 95 with ADX, again confirm this level.
5. Down move not supported by volume.
4. 93 level can be sl only if it breaks with high volume.
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