2026-07-30 10:51:48 am | Source: Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2420 - Religare Broking Ltd
Glenmark Pharmaceuticals Ltd
Buy Glenmark Pharmaceuticals Ltd CMP (Rs) 2261.70 Range* 2255-2265 SL Target 2180 2420
* Glenmark is exhibiting strengthening technical momentum after rebounding from a significant support zone and reclaiming its short-term moving average, reinforcing the ongoing recovery.
* Higher high and higher low, supported by improving volumes, indicates sustained accumulation and renewed buying interest.
* Momentum oscillators continue to strengthen, suggesting the potential for further upside, subject to sustained follow-through buying.
* Investors may consider buying the stock within the recommended buying range.
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