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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SEBI Registration number is INZ000174330
