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Q.

I have bought 10 shares of glen pharma@ 147.should i accumulate more on dips? what is the near term target of this stoc?

Asked by neha bedi, 28 Jan '09 11:08 am
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Answers (4)

 
1.

Glenmark Pharma has come out with very poor third quarter numbers of FY09. Its Q3 consolidated net profit went down 52% at Rs 135 crore from Rs 280 crore. Its look very week on the charts. Glenmark pharma has strong support around 130 levels. If it break below 130 then it going to touch 115. I prefer to sell but if you want to average it then do it around new lows.
Answered by Arunav Sarkar, 28 Jan '09 11:50 am

 
  
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2.

Accumulate more around if market goes below 2200 nifty
Answered by amit agarwal, 28 Jan '09 11:43 am

 
  
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3.

Wait for next few days
Answered by pramodkumar maheshwari, 28 Jan '09 12:42 pm

 
  
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4.

Wait
Answered by Damodar Biswal, 28 Jan '09 12:26 pm

 
  
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