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:
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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