SANOFI INDIA LTD
Long
Updated

sanofi india looks bullish in medium term.

in weekly - price bounced from channel support and moving up, it can go up to the channel resistance.

sl - 4010, tgt - 4852
Note
price at channel support
Trade active
price moving up as expected, till now 4624,

followup chart for reference snapshot
Trade active
update on analysis here,

in monthly, it is in horizontal consolidation, once it breaks out of this consolidation, it ll be quite bullish, much higher levels can be expected here,

snapshot
Trade closed: target reached
tgt of 4852, already achieved here, cheers.
Note
in weekly, price is getting ready to breakout of horizontal consolidation, BB is expanding to support the breakout, looks bullish,

snapshot

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