Glenmark Pharma has demonstrated strong bullish momentum, breaking above a significant resistance level at 1263.20. The uptrend is supported by a well-defined ascending trendline, indicating continued upward movement. The stock's volume has also shown a noticeable increase during the breakout, further confirming the bullish sentiment.
Trade Setup:
Glenmark Pharma's technical breakout, supported by increased volume and a strong uptrend, makes it a promising buy. Follow us to get the latest updates.
Trade Setup:
- Stop Loss (SL): 1250
- Take Profit (TP): 1400
Glenmark Pharma's technical breakout, supported by increased volume and a strong uptrend, makes it a promising buy. Follow us to get the latest updates.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.