GRANULES - WHY ANY +VE NEWS IS NOT +VE FOR IT?

GRANULES IS MOVING IN AN UPWARD CHANNEL.

TRADING ABOVE 103.8 IS IMPORTANT FOR TARGETS OF 108 AND 112.

I DO NOT UNDERSTAND IN THE CASE OF GRANULES, "WHY ANY +VE NEWS IS NOT +VE?".

PROMOTER HAD REDUCED HIS PLEDGED SHARES, SINGAPORE SISTER CONCERN SOLD, RESULTS ARE GOOD, ETC.