GLENMARK

• Price has decisively cleared its horizontal resistance zone between 691 and 736.
  
• This suggests that the ongoing upmove is expected to continue and an initial test of the previous all time high of 1262 can be expected.
  
• A decisive clearance of 1262 would open up higher target of 1940.
  
• Bullish view remains intact as long as price stays above 690.