Stock of the day : BUY 2500 CE Granules India Limited For Target Rs. 425- Religare Broking
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Granules India Limited
* Granules has been in a steady uptrend after witnessing a breakout from contracting triangle price pattern.
* It has recorded a breakout from Bullish flag pattern while holding above its short term moving average.
* Price action coupled with buoyancy in the pharma related stocks adding further positivity.
* We thus recommend creating fresh longs in the mentioned range.
Buy 2500 CE Granules India Limited CMP 402.30; Range 400-404; SL 390; Target 425
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SEBI Registration number is INZ000174330
