Glenmark Pharma has target of Rs 575-580: Sukhani

Glenmark Pharma has target of Rs 575-580, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "For Glenmark Pharma the immediate target could be Rs 575-580 and a higher level is  likely. Position traders want to wait for a small dip or a few days of correction and that will come about but for an  intraday trader it is worth buying on any intraday moves on the upside."
He further added, "Among the sugar stocks Bajaj Hindusthan is different. Probably there is some reason which I  cannot explain except for the chart which say that its very dismal, you cannot short it, now its out of the Futures &  Options (F&O). You cannot do anything with it except to avoid it."