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Декабрь
2024

Stock Radar: Gland Pharma showing signs of bottoming out after 17% fall from highs; wait for a breakout above Rs 1,892

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Gland Pharma, after touching its 100-week EMA, is showing signs of recovery. A break above Rs 1,892 could propel the stock towards Rs 2,200, and potentially even Rs 2,500. The stock has formed a double bottom pattern and bounced off the Ichimoku Cloud, with the Supertrend indicator signaling a buy.



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