Latest news with #GlenmarkPharmaLtd
Economic Times
2 days ago
- Business
- Economic Times
Stock Radar: Breakout from falling trendline makes Glenmark an attractive buy; check target & stop loss
Glenmark Pharma Ltd, a key player in the pharmaceutical sector, has broken out of an 8-month consolidation phase on the daily recent momentum has enabled the stock to breach a downward-sloping trendline resistance, signaling potential for further term traders can look to buy the stock for a target of Rs 1,940 in the next 2-4 months, suggest Pharma hit a high of Rs 1,830 on October 15, 2024, but
Time of India
2 days ago
- Business
- Time of India
Stock Radar: Breakout from falling trendline makes Glenmark an attractive buy; check target & stop loss
Glenmark Pharma Ltd has broken out of an 8-month consolidation, breaching a downward trendline. Experts suggest a buy for short-to-medium term traders, targeting Rs 1,940 in 2-4 months. The stock's recent rally, coupled with positive technical indicators and sector outperformance, indicates further upside potential, according to Religare Broking Ltd. Glenmark Pharma Ltd, a key player in the pharmaceutical sector, has broken out of an 8-month consolidation phase on the daily recent momentum has enabled the stock to breach a downward-sloping trendline resistance, signaling potential for further term traders can look to buy the stock for a target of Rs 1,940 in the next 2-4 months, suggest Pharma hit a high of Rs 1,830 on October 15, 2024, but
