GLENMARK PHARMACEUTICALS LTD.
Long
Updated

GLENMARK LONG

127
Glenmark has been hammered post results due to lower than expectation profits.This stock has been hammered way too much,fundamentals are strong and also no USFDA issues.It has found support near 605-610.One can buy this with a target of around 720-750 and Stop Loss 595.
Note
Harami Bullish pattern has been formed on the weekly charts,looks good.
Note
heading towards target ,692 today
Note
Glenmark touched 740 levels,those who want to book profits can book.
Profits of more than 20% in two months.
Congratulations!

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