Buy: above 420, Target: 467, Stop loss: 398.
Only buy if it breaks the 412 level with a clean candle.
The stock should go up based on following parameters:
1) Fundamentals: Launch of Covid-19 drug
2) RSI: General uptrend because oscillator is hovering above 50 for quite some time
3) The stock has touched daily resistance level 3 times. So, resistance 412 has...
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.