Lot size 1,150
- We have seen long build up in the Glenmark Futures, where we have seen 16%(Prov) rise in the Open Interest with price rising by 2%.
- Stock price has broken out on the daily chart to close at highest level since 13-Dec.
- Short term trend remain bullish as stock price is trading above its 5 and 20 day EMA.
- RSI and MFI Oscillators are placed above 60 and sloping upwards, indicating strength in the current uptrend.
- Pharma as a sector looking good on the short term chart.
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