NIFTY: BUY
TGT: 10,920
SL: 10,670
The index has closed in the positive territory and it continues to form higher tops and higher bottoms on the daily chart. The hourly momentum indicator has come well into buy mode along with the daily momentum indicator which is also quite positive. Now, on the lower side, 10670 which is its previous swing low is a crucial support and till those levels are held the bias remains up for the target of 10920.
Glenmark: BUY
TGT: Rs 590
SL: Rs 545
Glenmark has clearly provided a breakout from the falling wedge pattern on the daily charts along with a buy