Stock of the day : Granules India Ltd For Target Rs. 358 - Religare Broking Ltd
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Granules India Ltd
* GRANULES has been in steady uptrend, forming series of Higher Highs and higher lows.
* Holding strongly above the support zone of short term moving average i.e. 10 EMA indicating momentum in place.
* The chart pattern combined with strong volumes suggests a bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Granules India Ltd. CMP 336.80; Range 335-337; SL 325; Target 358
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SEBI Registration number is INZ000174330
