Granules India Ltd - Weekly Chart only for educational purpose
Updated
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 365 to 370
Second resistance between 375 to 380
Third resistance between 390 to 395
My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1st Target – 375.00
2nd Target – 390.00
3rd Target – 400.00
Inverted head and shoulders formation in Weekly time frame if its break upwards then we can see above targets.
MACD also showing last week green candle and good uptrend sign
RSI 59.85 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.
I’ve marked red and green color as a support & resistance area.
Resistance Levels:
First resistance between 365 to 370
Second resistance between 375 to 380
Third resistance between 390 to 395
My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1st Target – 375.00
2nd Target – 390.00
3rd Target – 400.00
Inverted head and shoulders formation in Weekly time frame if its break upwards then we can see above targets.
MACD also showing last week green candle and good uptrend sign
RSI 59.85 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.
Note
Bulk Buy Deals: BNP Paribas Arbitrage acquired 28,56,834 equity shares in pharmaceutical company Granules India (or 1.15 percent of the total paid-up equity) at Rs 362.27 per share on the NSE.Note
1st Target – 375.00 AchievedNote
1st Target – 375.00 achievedTrade active
ALL TARGETS ACHIEVEDTrade closed: target reached
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