2024-01-17 09:28:52 am | Source: Religare Broking Ltd
Stock of the day : Granules India Ltd For Target Rs. 450 - Religare Broking
Granules India Ltd
* Granules has been in steady uptrend from last more than four months, forming series of higher highs and lows.
* It registered a breakout from basing pattern holding above its short term moving average.
* Price action coupled with buoyancy in the pharma sector suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
BUY Granules India Ltd CMP 427.95; Range 426-428; SL 417; Target 450
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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