It will be interesting to see how a strong fundamental MNC pharma Glaxo behaves in the upcoming week. Already, it is corrected ~18 percent. Immediate support is 1310 followed by 1280 and 1260. The first target would be 1680-90 followed by 1748.
Trade active:
Reached the first support and respected as well.. So from here buying position can be initiated.
Comment:
A sharp pullback from the support level @ 1280.
Comment:
Now it is 4% up till 11 AM ON 11 Jan.