As Per Technical Analysis and Volume Analysis Mention Stock looks Bearish If its break 782-779 Level then possibly It will test 740-720 level.
Considering This i am Planning to go for hedge Trade August Series.
Buy Glenmark 800 CE Near 33-34 and sell future Below 802, Stop Loss 811 Target 785,775
Investment Required 55000
Maximum Loss = 13000
Profit Upto = 26000
Offset = 1% Of capital
Only For Educational Purpose.