Hey traders! ![]()
So, I jumped into a swing trade on 6th Aug with Gland Pharma at ₹1,952. Their Q1 profit was up nearly 50%, margins were looking better, and Europe ops finally turned profitable - so I thought, “yep, this could run”. Also didn’t want to miss the uptrend before the market caught on.
My target was the ₹2,132 resistance, but with pharma staying pretty flat and the market looking choppy, I decided to take a quick win and exited at ₹1,972. Not the big move I hoped for, but sometimes securing a small profit beats holding through uncertainty.
Anyone else traded Gland recently? How’s your experience been with pharma in this market?
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