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2026-04-16 11:47:43 am | Source: Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2410 - Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2410 - Religare Broking Ltd

Glenmark Pharmaceuticals Ltd

* GLENMARK exhibits a well-defined uptrend, with price action consistently sustaining above key moving averages, indicating persistent buying interest.

* The structure is characterized by successive higher highs and higher lows, supported by stable volume, reinforcing bullish momentum.

* The prevailing technical setup suggests trend continuation, with further upside potential contingent on holding support levels.

* Market participants may consider initiating long positions within the prevailing range, subject to risk management parameters.

Buy Glenmark Pharmaceuticals Ltd CMP 2258.40 Range 2255-2260 SL 2175 Target 2410

 

 

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