Published on 17/02/2017 11:57:43 AM | Source: Religare Securities Ltd

Buy Glenmark Pharmaceuticals Ltd For Target Rs.980.00 - Religare

Posted in Broking Firm Views - Short Term Report | #Glenmark Pharmaceuticals Ltd #Pharma Sector #Broking Firm Views Report #Religare Securities Ltd


Glenmark Pharmaceuticals Limited (GLENMARK)

 

 

After trading with bearish bias for over a week, GLENMARK posted decent recovery from day’s low on 16th February and settled near day’s high, indicating buyer’s interest at current levels. Early signs of recovery are also visible on the daily chart. Considering all, we recommend buying this stock.

Recommendation

Buy  Glenmark Pharmaceuticals Limited   @ 926-930 Stoploss 905 Target  980 CMP 931.75

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