GRANULES india ltd - short term trend - bearishGRANULES INDIA LTDNSE:GRANULESOsurikiranaccording to EWP analysis, Granules india Ltd from the bottom of 422 to 547 price has unfolded in Flat correction wave (B) retraced wave (A) X more than 78.6% Wave(C) projected wave (A) X 1.618% from the top of 547 to 478 is impulsive wave (1) from 478 to 511 price is unfolded in extended flat corrective wave format. from price 511 to down trend is identified as wave(3) in progress followed expecting impulsive wave towards down trend or another correction resulting in complex correction. target for impulsive wave(3) would be 400 -wave(A) X1.618%