Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2460

2026-05-19 09:44:13 am | Source: Religare Broking Ltd

Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2460 - Religare Broking Ltd

News By Tags | #GlenmarkPharmaceuticalsLtd #PharmaSector #TradingReport #ReligareBrokingLtd

Glenmark Pharmaceuticals Ltd

Buy Glenmark Pharmaceuticals Ltd CMP 2339.90 Range 2330-2340 SL 2270 Target 2460

* Glenmark continues showing strong bullish formation, with prices sustaining comfortably above key moving averages, reflecting robust trend continuation.

* The prevailing higher high–higher low formation indicates sustained positive momentum and continued buyer dominance.

* Dips are being consistently absorbed, highlighting strong demand at lower levels, while rising volumes during upward moves validate the strength of the ongoing breakout.

* Investors may consider accumulating long positions within the recommended price range.

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Stock of the day : Glenmark Pharmaceuticals Ltd by Target Rs. 2460 - Religare Broking Ltd

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