rdkriplani

Glenmark Pharma - 6 year breakout

Long
NSE:GLENMARK1!   GLENMARK PHARM FUTURES
The company is looking to reduce its debt..might even sell of part of entire stake in Glenmark life sciences.
The stock is on the verge of a 6 year breakout.
Long above 710 with a stoploss below 666.
First level it could reach is 741 (by the end of this month) and then break above.
This level has in the past acted like a major resistance so any breakout above this could go up sharply.

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