Technical Trading Idea : Glenmark Pharmaceuticals Ltd For Target Rs. 1610 By Motilal Oswal Wealth Management

Glenmark Pharmaceuticals Ltd
Buy Glenmark Pharmaceuticals Ltd CMP 1591 SL 1475 Target 1610 Duration Weekly
* Retesting its rounding bottom breakout.
* Large bodied bullish candlestick.
* Holding its 50 DEMA support zone.
* Surge in buying volumes.
* RSI momentum indicator rising.
* We recommend to buy the stock at CMP Rs.1591 with a SL of Rs.1475 and a TGT of Rs.1610.
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