IIFLWAM price action analysis - Bullish

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$NSE:IIFLWAM is in a ttm squeeze with increasing momentum which indicates that a big move up can happen anytime soon. I am bullish because of the following reasons:
1) It's at all time high and currently standing at the major resistance level which it tested recently.
2) Current candle is very bullish and has a good volume compared to previous candle.
3) The volume seems to be increasing from past 3 days
3) It's forming cup and handle

If it manages to attract more buyers and keep up the volume, it can give a nice breakout. But if it fails, then it could reverse from here. We will see what next week brings. Happy trading!

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