Buy Glenmark Pharma for target of Rs 395: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Glenmark Pharma has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 395.

“Buy Glenmark Pharma in the range of Rs 380-377 with stop-loss of Rs 374 for target of Rs 395. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 5-7 trading sessions.

The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.