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Stock of the day : Granules India Ltd For Target Rs. 545 - Religare Broking Ltd
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Granules India ltd
* GRANULES has given a strong rally post breakout from its corrective phase.
* Recently, it witnessed some profit taking from higher levels but with lower volumes suggesting exhaustion in selling pressure.
* It has now rebounded higher from its short term average and is on the verge of giving a flag breakout, thus offering a fresh buying opportunity
* Traders can consider longs in the mentioned range.
Buy Granules India Ltd CMP 517.80 Range 515-518 SL 504 Target 545
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SEBI Registration number is INZ000174330
