Power of SMA 50 - Shriram Finance

1) Power of SMA 50 - Shriram Transport 2) This is 1 hour chart 3) This is older data 4) Older than 3 months - just for learning. 5) July 24 - Nov 24 data 6) Clearly indicates that we are respecting SMA 50 on hourly chart 7) Earlier it was working as resistance and then it started working as support. 8) This is not a buy/sell call 9) SMA 50 - Simple moving average for 50 days. Thank you, Technofunda24