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2024-05-23 10:55:32 am | Source: Religare Broking Ltd
Stock of the day : Granules India Ltd. For Target Rs.454 - Religare Broking

Granules India Ltd.

* We are seeing decent traction in the midcap pharma stocks and GRANULES is expected to witness fresh upward momentum. 

*  The stock has been in a corrective phase after hitting record high levels with relatively lower volumes. 

*  Stock has registered a breakout from the falling resistance trendline with supportive volumes suggests potential shift in trend. 

*  Traders can consider fresh longs in the mentioned range.

Buy Granules India Ltd. CMP 426.80 Range 425-428 SL 415; Target 454.

 

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SEBI Registration number is INZ000174330

 

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