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Granules moving above Resistance toward short term target
TV18 BROADCAST LTD
Long
Granules moving above Resistance toward short term target
By mvso999
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Updated
Jul 16, 2021
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Jul 12, 2021
Granules has been in a medium term consolidation over 6 months and now looks good for a breakout above current resistance level.
There has been good buy at lower levels and the recent breakout on Friday. Expect a sustained move to 430 and eventually 520 levels.
Relative strength supports the move to the upside.
Jul 16, 2021
Trade active
Entered trade today.. Heading towards higher levels.
Jul 31, 2021
Trade active
Stock moved towards 436.. Expect some consolidation before heading to 480.
Technical Indicators
Trend Analysis
mvso999
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