Technical analysis: Granules India Ltd ( Daily Chart ) only for educational purpose I’ve marked red and green color as a support & resistance area.
Resistance Levels: First resistance between 368 to 370 Second resistance between 375 to 380 Third resistance between 395 to 400
My Target: (Not advising anyone to invest after watching my chart this is only for education purpose) 1st Target – 370.00 2nd Target – 380.00 3rd Target – 390.00 4th Final Target - 400
EMA: Now we are in Golden cross over /+/ W pattern formation
Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
Note
Bulk Buy Deals: BNP Paribas Arbitrage acquired 28,56,834 equity shares in pharmaceutical company Granules India (or 1.15 percent of the total paid-up equity) at Rs 362.27 per share on the NSE.
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