Granules technically long for 305 320 immediate targets
Granules has again taken support around 280 levels and consolidating. With nifty Pharma showing signs of consolidation too. With improvement or uptick in nifty Pharma will lead the API major granules a rapid recover to 305-320.
On weekly charts, a doji candle has been formed which signals positive bias from here. Volumes too have been minimal showing no major connection for falling prices vis a vis low volumes. Hence with mkt recovery this is prominent candidate to enjoy fast recovery in short term.
On weekly charts, a doji candle has been formed which signals positive bias from here. Volumes too have been minimal showing no major connection for falling prices vis a vis low volumes. Hence with mkt recovery this is prominent candidate to enjoy fast recovery in short term.