Granules India rising channel breakout

8 thg 7, 2023

Granules India rising channel breakout and breakout from its symmetrical triangle confirms strengths in this counter. Stock has passed its 200 DMA with strong volume indicates more bullishness. Fresh breakout from its symmetrical triangle and previous high 309 can move this counter to its 52 week high range. Hence, buy suggestion is given for this stock with target of 337 previous swing high and keep stop loss at its recent support of 295.