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Buy Glenmark Pharma, says Sukhani

One can buy Glenmark Pharma, says Sudarshan Sukhani of s2analytics.com. Its charts are excellent and it is making new highs, he adds.

May 15, 2013 / 10:06 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Glenmark Pharma is an excellent chart. It is making new highs. It had two choppy days before yesterday. That was because when a stock starts moving into unchartered territory, there is a certain amount of nervousness that is reasonable. Again that nervousness was overcome and it has started moving very solidly yesterday. That gain should have followed through today."


He further added, "Strong stocks are going to get rewarded in this market. That is the scenario we have seen. Glenmark Pharma is an excellent buying opportunity. It is a day trade also."
first published: May 15, 2013 10:01 am

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