Friday, October 1, 2010

Glenmark Pharma

This Stock has consolidated for almost 1 year and now the stock is holding very well after getting out of this huge time taken triangle formation.So one should definetly go long with stop loss of 275 for target of 405.The whole pharma sector had performed very well in recent days except this stock participating into the rally.So looking at this one should definetly take long positon in the stock as it seems time has come for it to move also.

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