Adani Wilmar crossing the Fibonacci resistance

Adani Wilmar has been in down trend since long and since then it is moving in a channel.

In addition, based on Fibonacci levels it is crossing the first resistance level at 23.6% and will change it trend if it sustains above the levels of 414. The fourth attempt in breaking the resistance level.

If we get good volume then expecting 2-3 Target levels on the Fibonacci level of 38.2% and 50% of the next resistance levels at 414-474-557 and more if market sustains.

No recommendations, just my view based on chart pattern.