SANOFI India is engaged in business of Manufacturing & Sale of Pharmaceutical Products. Since August 2020 it is making a wedge chart pattern on daily time frame & consolidating since May 2021 for a bull run. expecting a good upside move for long term. You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy...
Sanofi - after a strong bearish movement it is likely to take price reversal. It has taken support at 7400 and move ahead. Increasing delivery volume also confirming the same. It can move ahead to fill GAP. We can expect price movement up to 7848 to 7980.
SANOFI INDIA LTD
Price had took support near 100 Days EMA, and crossed 20 day EMA and 50 day EMA gives bullish signal for this stock, one may take trade based on his/her risk appetite for swing opportunity.
important levels are
entry range : 7760-7800
stop loss : 7700