Nish1404

GREENPANEL Update - Continues the run

Long
NSE:GREENPANEL   GREENPANEL INDUSTRIES LTD
GREENPANEL (CMP 593, first posted at 521 on 4 Feb --> ~13.8%): Greenpanel continues its journey towards ATH, with strong adherence to the channel. All the chopping of Feb and March did not affect this strong business and 50EMA acted as a good support throughout. Supertrend 10,3 is at 521, which is also the level when we first published our study.

It is expected to keep the movement intact and should move stronger with a good Q4 result.

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