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2025-11-27 12:28:47 pm | Source: Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2030 - Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2030 - Religare Broking Ltd

Glenmark Pharmaceuticals Ltd

Buy Glenmark Pharmaceutical Ltd CMP 1921.30 Range 1918-1922 SL 1865 Target 2030

* GLENMRK displays a constructive price structure, having broken out of its recent consolidation range and demonstrating renewed strength.

* The price has moved back above key short-term moving averages, signaling improving momentum, while the medium-term average continues to offer strong structural support.

* Turning from sideways to a recovery phase with upside remain intact, while stabilized volumes indicating accumulation.

* Long positions near current levels remain justified amid expectations of continued upside.

 

 

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