Pharma stocks have been doing ok for some time now.
Considering the fact that they were coming from dead, there was still a lot of skepticism around though.
Today pharma had a break out day that should covert the non-believers.
While the likes of DIVISLAB and AUROPHARMA has a day in the Sun, there are better bets out there.
GLENMARK here has just broken out and will sure see much follow though as it has been a relative laggard so far.
50 points should be given to 700 level in short term. Long term investors can get in too! Excellent levels for fresh longs.
Happy trading.
Considering the fact that they were coming from dead, there was still a lot of skepticism around though.
Today pharma had a break out day that should covert the non-believers.
While the likes of DIVISLAB and AUROPHARMA has a day in the Sun, there are better bets out there.
GLENMARK here has just broken out and will sure see much follow though as it has been a relative laggard so far.
50 points should be given to 700 level in short term. Long term investors can get in too! Excellent levels for fresh longs.
Happy trading.