Granules India Ltd Weekly Chart only for educational purpose

1 Nov 2021

GRANULES

Technical analysis: Granules India Ltd (Weekly Chart) only for educational purpose

I’ve marked red and green color as a support & resistance area.

Resistance Levels:
First resistance between 310 to 315
Second resistance between 330 to 335
Third resistance between 345 to 351

My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1st Target – 315.00
2nd Target – 335.00
3rd Target – 351.00
4th Target – 365.00

Inverted head and shoulders formation in Weekly time frame if its break upwards then we can see above targets.

RSI also showing strong support and good uptrend sign

RSI 40(+) moving upward positive sign.

Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.