Granules - Below 200EMA

Another pharma stock which has fallen below its 200EMA and needs to bounce tomorrow else it could fall till atleast 284.

There are rumours in the market of the promoter wanting to sell the company at a billion $ valuation and around 284 would be that price.

Caution if you already own it..Again because of the rumour it wouldnt to wise to short it but to look to buy it at a lower level..