Hour chart emits "BUY" signal in bullish zone. stop loss is the bottom line from where it has broken the double top.
Movement of Granules decides on this.
4H chart is trying to give some useful info. Weekly chart shows that the price met it's resistance @ 7.8. As long as the price stays above 6.9, chances are the price is likely to touch 8.1 in the coming weeks.
If Glenmark trades above the neckline with good volumes, then targets mentioned are likely to be easily achieved.
Nifty is moving in an upward channel. Resistance nearby. My inference.