BULLISH VIEW IN EVERST IND-- EDUCATIONAL PURPOSEEverest Industries LimitedNSE:EVERESTINDmgvirus1Stock made high 1415 in Dec 2023 and after that it crashed to 285 till March 2026 i.e. 80% correction in two and half years. It showed bounce back from weekly demand zone as marked in the chart. This week it closed above the previous swing high 433 and closed successfully above it with considerable increase it the volumes. This close has also confirmed higher high higher low structure which indicates uptrend. This could be possible turnaround for the stock and we can expect the rally to continue. Long position can be initiated at re test level near 421 TARGET : 1213 (188%) (Previous resistance) STOP LOSS : 380 (-9.8%) ON WEEKLY CLOSING BASIS RISK REWARD RATIO : 1:19.3 TIME HORIZON : 8 YEARS (TILL July 2034)