Why the current level and good for Long?

Stock is currently reacting from
1 ) Monthly Demand Zone
2) Weekly Demand Zone
3 ) Daily Demand Zone
Demand zone has support of 3 Monthly EMA ( Marked as Pink line on Chart )
Good Risk reward ratio.
Taeget till next Weekly Supply zone.

Entry, Target and SL are marked on the chart.
Beyond Technical AnalysisChart PatternsTrend Analysis

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