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Published on 21/01/2020 5:11:56 PM | Source: LKP Securities Ltd

Pick Of The Week : Glenmark Pharmaceuticals Ltd - LKP Securities

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

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* Stock has given breakout from symmetrical triangle pattern with good volume

* Previously stock given breakout from double bottom pattern which is considered as strong reversal pattern

* Also prices moved above ichimoku clouds which shows strength of the stock

Recommendation

Buy Glenmark Pharmaceuticals Ltd SL 345 TGT 380 CMP 360

 

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