Shriram Transport Finance - Power of Technical Retracement

1) Chart attached in media 2) This is older data. Older than 3 months 3) This is monthly chart 4) Blue lines show support zone on long term charts 5) As we can clearly see that the trendline is respected even in bad times as well 6) Even during the covid this zone of 80-85 was respected. 7) This is called as technical retracement on long term charts 8) This is all for learning. 9) This is not a buy/sell call Thank you, Technofunda24