Glenmark Pharma: Bet on a bounce back
Glenmark Pharmaceuticals (₹612): The long and medium-term outlook for the pharma major is negative. A crucial support is at ₹584 and a close below that will trigger a fresh selling. Immediate resistance is at ₹632 and a close above will change the short-term outlook to positive. Next resistance is at ₹685 and only a close above ₹720 will change the medium-term outlook to positive. F&O poi...
Read the rest of this article by Signing up for Portfolio.
It's completely free!
SIGN UP NOW
Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls
Daily update on Business and Market news via email
'Your Market Corner' Widget with personalized business and market news