Muthoot Finance - Technical Retracement

1) Chart attached in media 2) This is monthly chart 3) This is old data. Older than 3 months 4) As we can see the trendline earlier was acting as resistance and now once crossed the same becomes support in second arrow. 5) This is called as technical retracement 6) This works very well on long term charts 7) This is not a buy/sell call 8) This is for learning. 9) The stock belongs to the gold loan companies. Thank you, Technoufunda24