Prakash Gaba of prakashgaba.com is of the view that one may hold GlaxoSmithKline Pharmaceuticals.
Prakash Gaba of prakashgaba.com told CNBC-TV18, "GlaxoSmithKline Pharmaceuticals is a low volume stock, no doubt about it but the basic structure when I look at it is still positive. We saw some correction and the correction has got over and the up move has started and it has given a buy signal on a higher timeframe."
"I think it is up maybe it will go to Rs 7,500-8,000 who knows where it goes. But certainly it is not looking weak it is a hold," he added.At 14:53 hrs GlaxoSmithKline Pharmaceuticals was quoting at Rs 2,468.75, down Rs 9.15, or 0.37 percent.