InfinityCapital

Glenmark - Breakout Possible

Long
NSE:GLENMARK   GLENMARK PHARM
There is possibility of Glenmark breaking the last 3/4 day trading range. The volume is quite substantial and the last hour of trade has been marking up the price. Generally late afternoon strenght tends to have a follow up the nxt morning. THe pharma sector is trending so momentum will support the rally.

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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