KPR Mills - Technical case study

KPR Mills - Technical case study 1) chart attached in media 2) this is weekly chart 3) blue line represents SMA 50 4) SMA 50 is a very crucial support zone on weekly chart 5) we see the retracement many a times 6) that is represented with arrow on the chart 7) after the retracement the stock has given a good up move as well. 8) This is past data please. This is for learning. this is not a buy/sell recommendation. 9)

Thank you, Technofunda24