01-02-2024 11:53 AM | Source: Religare Broking Ltd
Stock of the day : Glenmark Ltd For Target Rs.965 - Religare Broking

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Glenmark Pharmaceuticals Ltd

* Pharma sector witnessing consistent buying interest and Glenmark is trading insync.

* It has formed a fresh buying pivot holding above its short term moving and its prior resistance zone.

* Following price action and uptick is volume, we believe prevailing trend to strengthen further.

* We thus recommend creating fresh longs in the mentioned range.

BUY Glenmark Ltd CMP 910.20; Range 908-912; SL884; Target 965

 

 

 

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