Granules India Ltd. engaged in business of Manufacturing & Selling API's (Active Pharmaceutical Ingredients) Company having good profit growth of 34.88% CAGR over last 5 years & Company's median sales growth is 19.18% of last 10 years.
On Daily chart time frame it is making a Widen Wedge pattern (Still breakout is yet to be happen) but still we can take it in our radar with Bullish/Bearish trend mindset. Wedge pattern formation started since Dec 2020 & now stock is trying to breakout.
So, You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy Earning!
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
To learn more on Fundamental & Technical analysis, please do register for our Beginner Module or Contact us.
This was just for educational purpose only & not recommending to BUY/SELL of any Script.