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THREETREND RESEARCH

11th May · SEBI-Registered Analyst

BRITANNIA
A previous major swing low acts as a strong support zone because buyers previously entered the market aggressively from that level. When price revisits the same area, traders often expect buying demand to appear again, increasing the chances of a bounce or trend continuation. If the price holds above the swing low with bullish candlestick confirmation, it strengthens the bullish market structure.

#FundamentalViews#TechnicalViews
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