IIFL Securities (IIFLSEC): A simple weekly chart analysis

As the price nears the two year high, a close above 129 on weekly chart, hopefully, would trigger an upmove.

Strong support zone between 112 and 104. Below which it is advisable to be cautious.

Always trade with a strict stop loss and risk management.

Note: Not a buy/sell recommendation. Do consult your advisor.