MTECHTIPS:- GLENMARK

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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 583 The GLENMARK is now trading is approaching overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised above 605.8 with a stop at 592.5 Below 588.9 go for sell with a stop at 602.2 The intraday signal is BUY and it is supported by 78 % indicators.

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