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ssudhirsharma11

#Granules facing weekly trend line resistance, can it breakout?

Long
GRANULES INDIA (NSE:GRANULES)  
ssudhirsharma11  
NSE:GRANULES   GRANULES INDIA
Trend Analysis Chart Patterns swingtrading long-term longsetup GRANULES breakout
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trendanalysis chartpattern swingtrading long-term longsetup granules breakout
As per weekly chart #Granules is bullish but its near falling trend line resistance which I have highlighted with circles. Now if it can break and sustain above 350 then it can give move till 360/393/438 which are FIB resistance zones. My weekly ADX +DI is also looking good and if it cross above 25 then sudden burst of momentum can achieve above mentioned targets. Till now weekly +DI was not able to cross 25 zone since Jan'22, so keep eyes open on this counter for swing trades.
Happy earning
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