2024-03-11 11:20:10 am | Source: Religare Broking Ltd
Stock of the day : Glenmark Pharmaceuticals Ltd For Target Rs. 1015 - Religare Broking
Glenmark Pharmaceuticals Ltd
* We are seeing decent traction in the pharma space and Glenmark offering fresh buying opportunity.
* It has recorded a decisive breakout from the channel pattern which continued for over 5 months.
* Following price action and buoyancy in the pharma sector suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
Buy Glenmark Pharmaceuticals Ltd CMP 955.25; Range 954-956; SL 925; Target 1015
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