Business · Markets · 1 hr ago

Analyst recommends tracking Glenmark Pharma, Karur Vysya Bank and Go Digit

Analyst recommends tracking Glenmark Pharma, Karur Vysya Bank and Go Digit

Sachin Gupta, a research vice-president at Choice Broking, recommended buying shares in three Indian companies: Glenmark Pharma, Karur Vysya Bank and Go Digit General Insurance.

He gave a target price of ₹2,450 and a stop-loss price of ₹2,200 for Glenmark Pharma.

For Karur Vysya Bank, his target was ₹370 and his stop-loss was ₹320.

For Go Digit, he set a target range of ₹300 to ₹305 and a stop-loss of ₹257.

The recommendations are based on recent share-price patterns and technical indicators, including support levels and trading momentum.

Gupta said Glenmark had rebounded from a key support area, Karur Vysya had recovered from a recent decline, and Go Digit had broken above a chart pattern that can signal a possible trend change.

These are analyst views, and the recommendations do not guarantee that the shares will reach their targets; no further developments are given.

Sources

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