MTECHTIPS:- GLENMARK:- GLENMARK closed above 1 week high with volume signals up breakoutCurrently GLENMARK is in HOLD LONG position In short term share is in strong up trend so hold with stop at 565 Very Short term investor please cautious on share as it is moving with low volatality The GLENMARK is now trading in highly overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised above 594 with a stop at 578.2 Below 573.8 go for sell with a stop at 589.5 The intraday signal is BUY and it is supported by 73 % indicators.