Granules India Limited
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Buy Granules at 483/476 levels, target 545

267

Granules had completed corrective wave structure of the previous impulse in the form of a zigzag as given in the chart and has since been forming new impulse wave.

Stock has completed wave 1 of lower degree and has been correcting providing a buying opportunity. Stock may take support at 0.618 to 0.786 levels.

Buy in the range of 483 / 476 levels for a target price of 545 or higher. Maintain stop loss of 472

Will revise the targets as the impulse wave continues.

Happy Trading!!
トレード稼働中
If stock does not hold 0.786, exit trade
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Exit trade

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