BharatJhunjhunwala
Long

Glenmark showing signs of institutional presence.

NSE:GLENMARK   GLENMARK PHARM
Taking support after breakout on 18th November is a good sign confirming the institutional presence in the stock. The stock is now setting up tone for a strong move up with supporting volumes and momentum. The RSI is positive into the bullish zone and MACD well above the neutral zone with positive bias. Longer term targets are close to 485 levels!
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