CASTROLIND | Nice channel breakout , 30% potential for second target.
CMP : 123
SL : 119
Target : 132, 158
1:2 risk reward setup for first target (8%) . But it has all the potential to goto second target, just need patience for that. Similar to our previous POLYCAB chart.
GLENMARK | Despite weak pharma sector i see the Glenmark is strong as M&M stock as it is taking good support last 13 weeks
Potential for 45% 😃
CMP : 475
SL : 440
Target : 690
1:5 risk reward setup - Weekly chart hence this a long trade.