ParamjitMahapatro
Long

sanofi india looks bullish in medium term.

NSE:SANOFI   SANOFI INDIA LTD
in weekly - price bounced from channel support and moving up, it can go up to the channel resistance.

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

followup chart for reference
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,

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

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