Rounding Bottom in Granules - A Long Term Outlook
Granules made a high of 438 in December 2020 and from then on it was a continuous fall from that high. It was forming a Rounding Bottom and another similar formation was formed within this pattern.
After making a High of 475 it has fallen and it is at a Horizontal support zone @ 399 -408 and a sloping trendline support.
Ist Target is around 510 and a 2nd Long Term Target 650.
Entry Taken @ 337
After making a High of 475 it has fallen and it is at a Horizontal support zone @ 399 -408 and a sloping trendline support.
Ist Target is around 510 and a 2nd Long Term Target 650.
Entry Taken @ 337
Penafian
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