HarnishBH

GRANULES - 50 DMA MAGIC ?

Long
HarnishBH Updated   
NSE:GRANULES   GRANULES INDIA
#GRANULES yesterday closed near 50 55 DMA which has acted as strong support since the uptrend started from 240 zones...

342 to 348 are good zones to buy this stock
---For Positional trade Stop-loss around 320
---For Swing trades Stop-loss around 333

This stock made highs around December 2020 at 430 odd zones....After good Q2 results, buyback around 400 Rs and looking at future API trend...can be good bet at current market price.
Comment:
Weekly Chart is quite strong and Daily chart is showing sideways consolidation which should stop in couple of days
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