Glenmark Pharma (NSE) Bullish Trend with Resistance Break

٣ يوليو

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.