Saturday, 20 June 2020

POSTIVE NEWS FOR GLENMARK PHARMA.

Drug firm Glenmark Pharmaceuticals on Saturday said it has launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate Covid-19 at a price of about Rs 103 per tablet.

The drug will be available as a 200 mg tablet at a maximum retail price (MRP) of Rs 3,500 for a strip of 34 tablets, Glenmark Pharmaceuticals said.

FabiFlu is the first oral favipiravir-approved medication in India for the treatment of Covid-19, it added.

It is a prescription-based medication, with recommended dose being 1,800 mg twice daily on day one, followed by 800 mg twice daily up to day 14, the drug firm said.

When asked about the company’s manufacturing capacity of the drug, the drug firm said: “Considering a minimum of two strips per patient, Glenmark will be able to provide FabiFlu for about 82,500 patients in the 1st month itself. We will be closely monitoring the evolving situation and basis the situation, we will work to scale and meet the healthcare needs of the country”.

The company is producing the active pharmaceutical ingredients (API) for the product at its Ankleshwar plant, while the formulation is being manufactured at its Baddi plant.

The drug will be available both through hospitals and the retail channel, Glenmark said.

DISCLAIMER - THIS POST IS FOR INFORMATION PURPOSE ONLY MAKE YOUR OWN RESEARCH BEFORE TAKING ANY DECISION ON BUY OR SELL OF STOCK OR ASK TO YOUR FINANCIAL ADVISOR.


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83 comments:

  1. LD20 June 2020 at 23:01

    My name Loretta D'souza
    Regarding exit of your stock MAGHMANI U had said to hold it for stock term in the morning yesterday n in the afternoon u didn't mention anything about it. What is the exit of this script. Please advise

    ReplyDelete
    Replies
    1. Raj Dattani20 June 2020 at 23:43

      We are only holding stocks which are mentioned daily at last and if short term call given earlier

      For MEGHMANI we have booked it not holding if you are holding than support at 50-51 on higher side 55-60 can be possible

      Delete
  2. Joogle20 June 2020 at 23:06

    Sir what's your target for Glenmark for next 6 months??

    ReplyDelete
    Replies
    1. Raj Dattani20 June 2020 at 23:41

      I can only help you with support and resistance nothing else

      Support 410 resistance 440

      Delete
    2. Anonymous21 June 2020 at 01:47

      Can u share how should we calculate support and resistance?

      Delete
    3. Raj Dattani21 June 2020 at 04:43

      By charts

      Support and resistance are there

      For more information about it you can learn it from youtube as it is much larger thing can't be explained here by writing

      Delete
  3. shanky20 June 2020 at 23:17

    Hi Bro,

    This might open gap up on Monday, is it still good to buy at any cost for short term profits?

    Please share your view on glen mark and other pharma stocks that might be benefit with this news

    ReplyDelete
    Replies
    1. Raj Dattani20 June 2020 at 23:40

      Current benificiary is Glenmark only

      Buy at any price can't be said can be known on Monday only as where it will open how much it will move no one can say in stock market

      Delete
  4. Anonymous20 June 2020 at 23:29

    Hello sir I am holding Glenmark 1000 shares at 389. What should be the target and SL after this news

    ReplyDelete
    Replies
    1. Raj Dattani20 June 2020 at 23:37

      Target can't be said but 440-450 is possible keep trailing your SL currently sl can be 410

      Delete
  5. Neelesh20 June 2020 at 23:59

    Sir,what is ur view on morepen ...I have around 1000 shares...shoul I hold this or do an exit...will the price get up again ?

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 00:04

      Bro

      MORPEN already given sell call @33.5 where were you at that day if you are following me than you should know it I have given sell call and it should be a perfect exit for you

      No problem result on 22nd June if result will be good it will again move up so keep watch on result now on Monday it may open gap down only

      Delete
  6. Anonymous21 June 2020 at 00:48

    Your View on Reliance Industries Cost 1550.. Hold or sell ?? Can hold for 6-8 months..

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 04:47

      You should hold it with trailing sl currently trailing sl should be 1695-1700

      When it rise more 50 rs from cmp than trail this sl of 1730 like wise keep trailing your sl and hold so you will be benifted and will get perfect exit with profit when RELIANCE will start moving down

      Delete
    2. Anonymous21 June 2020 at 14:55

      Thanks for the review..����

      Delete
  7. Dp21 June 2020 at 01:38

    Hello Raj. Any view on caplin point? Results were below expectations and was down two consecutive days. Mid to long term view would also help. Thanks

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 04:45

      Caplin point for medium term you can hold with sl of 300

      Below than better to exit and above 400 it is very good if sustian above it than 450-500 is possible

      Now hope you understand what to be done take your decision by your own I have given my view

      Always trade with sl if you want to make profit in stock market

      Delete
    2. Dp21 June 2020 at 09:17

      Thanks Raj for your view. I agree Sl is must. Have a nice Sunday.

      Delete
  8. Unknown21 June 2020 at 07:01

    Raj, i bought gujarat alkalies @360..now it is @332. Good to sell or hold for some more time??.

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 09:25

      If close below 325 than exit Otherwise hold on

      Delete
  9. Anonymous21 June 2020 at 10:02

    Dear mr raj,
    Can u please give ur opinion on stride pharma? I m holding 1000shares at price of 395.

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 12:25

      POSTIVE view keep sl of 390 and hold on 440-450 is possible

      Delete
  10. dr.sahil21 June 2020 at 12:23

    Please give your opinion on stride pharma

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 12:29

      Postive view keep sl of 390 on higher side 440-450 is possible

      Delete
    2. dr.sahil21 June 2020 at 14:33

      Thank you..for the view and opinion

      Delete
  11. Meghuben21 June 2020 at 13:36

    Hi Raj sir
    Mene granules india 220 rs liye hai aur Bdl 272 rs liye hai.
    Me hold karu ya sell.
    SL kitna rakhna chahiye.
    Thanks

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 14:44

      Bdl support 250-255 resistance 270-275

      GRANULES resistance 218-225
      Support 200-190

      Delete
    2. Meghuben21 June 2020 at 23:53

      Tnx sir

      Delete
  12. Murugan21 June 2020 at 15:03

    Dear sir,
    It's great to say that you are helping us to get ideas on stock on future trend and view.
    Just I have checked Indian bank , in one day candle dozi formed 3 days before.
    Kindly advise on support and resistances.
    And your view also.
    Thanks always for your support

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 17:09

      Yes Indian bank currently looking good support at 50 resistance at 60-61

      Delete
    2. Murugan22 June 2020 at 19:36

      Sir, Thanks for your update on Indian bank.
      Based on your confirmation I bought morning itself and still in holding.since it's closed above its resistance levels can update what is the current level support and resistance.
      Also kindly advise on chennai Petro chemical.
      Your view and support and resistance please.

      Star no word to say about this stock.
      It's came near to SL after its like power full rocket.
      It's great call.. which will never come again and again

      Delete
    3. Raj Dattani22 June 2020 at 19:50

      Indian bank support 60
      Resistance 70

      Chennai petro support 165 resistance 185-190


      Thank you

      Delete
    4. Murugan22 June 2020 at 20:22

      Sir, sorry to correct you.
      Chennai petro current price 72.55.
      Please advise same.

      Delete
    5. Raj Dattani22 June 2020 at 20:50

      Yes you are correct

      Support 68 resistance 78-86

      Delete
    6. Murugan22 June 2020 at 21:31

      Thanks for your reply.
      As per current trend is it positive sir

      Delete
  13. Bikash.jaiswal1234521 June 2020 at 16:01

    Sir ji...India China me war hoga kya? Kya lag Raha hai apko?
    TV per toh situation kafi critical Bata Raha hai..
    MONDAY market me iska kya asar dikhega?

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 17:08

      We are small people how do we know about this ?

      Let the time decide

      Delete
  14. Unknown21 June 2020 at 16:08

    Hello sir
    Sir are u providing any training session or training course anywhere we want to learn from u and follow your calls

    ReplyDelete
  15. VD21 June 2020 at 18:46

    Hello sir,
    I am still holding insecticide at 500.
    What is the support and resistance for this week.
    Shud I exit or hold until this week?

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 19:20

      Support 460-440
      Resistance 530-550

      Above 500 strong below that weak

      Now hope you got all your answer

      Delete
  16. Unknown21 June 2020 at 18:59

    Raj Sir, I baught HIMAT SEIDE @67 good to sell or hold for same more time

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 19:19

      Keep sl of 65 it sustain above it than no problem hold on 70 is possible if hold 65

      But it sustian below 65-64 than it will be weak

      Delete
  17. Unknown21 June 2020 at 19:35

    Raj sir I brought Hitech pipes @109 is it good to hold or sell

    ReplyDelete
    Replies
    1. Raj Dattani21 June 2020 at 19:39

      It has strong support at 100 above it no problem book near 115-117

      Delete
  18. empty vessel21 June 2020 at 21:27

    Hello raj sir,
    i bought indusinbk at 503
    i am very anxious because it it showing huge loss i can hold it 3 month but i am very depressed could you please help me to know how this stock will perform in next few weeks.
    your response will be truly appreciated.

    ReplyDelete
    Replies
    1. Raj Dattani22 June 2020 at 08:11

      IndusInd bank support @440
      Resistance @500-530

      I can help you this much only

      Delete
  19. Parth phatak21 June 2020 at 22:53

    Hi sir
    occl share 300 purchase kiya hai 695 mai kya karu usko sell karu ya hold karu

    ReplyDelete
    Replies
    1. Raj Dattani22 June 2020 at 08:10

      Already given sl of 660 on closing basis if you want you can maintain it Otherwise your choice

      Delete
  20. VD22 June 2020 at 01:25

    Hello sir,
    What's your view about Vikas Proppant & Granite Ltd for long term

    ReplyDelete
  21. Anonymous22 June 2020 at 13:28

    hello sir whats the sl of glenmark

    ReplyDelete
  22. Anonymous23 June 2020 at 15:21

    Hello Sir,

    I trade in your calls, but i am confuse in BTST. As next day my software shows SR - stock receivable after 2-3 days. So how can i trade in BTST. Please help me on this matter

    ReplyDelete
    Replies
    1. Raj Dattani23 June 2020 at 17:23

      You can sell it 99% there will not be any type of problem only 1% there are chances of auction nothing else

      For more information you can ask to your broker

      Whole India is doing BTST there is nothing to worry in it

      Delete
  23. Anonymous24 June 2020 at 15:58

    Sir what's your opinion for alkyla mine.i bought for Rs.2195 yesterday.can I hold for short term or sell it

    ReplyDelete
    Replies
    1. Raj Dattani24 June 2020 at 16:16

      I can only help you now with support and resistance
      As already given buy call @2150 and profit booking call @2230-2250

      Support 2100 resistance 2150-2230

      Delete
    2. Anonymous24 June 2020 at 22:28

      Ok thank you sir..

      Delete
  24. Unknown28 June 2020 at 13:27

    Sir Indian bank ka kya karein apke vichae se mai apka telegram channel watch krta hu apka response india me sabse acha hai

    ReplyDelete
    Replies
    1. Raj Dattani28 June 2020 at 14:15

      This comment has been removed by the author.

      Delete
  25. Unknown28 June 2020 at 14:55

    This comment has been removed by a blog administrator.

    ReplyDelete
    Replies
    1. Raj Dattani28 June 2020 at 16:11

      This comment has been removed by the author.

      Delete
  26. Anonymous28 June 2020 at 18:26

    This comment has been removed by a blog administrator.

    ReplyDelete
    Replies
    1. Raj Dattani28 June 2020 at 19:06

      This comment has been removed by the author.

      Delete
  27. ZIA3 July 2020 at 15:30

    Raj sir ur view on occl Monday trgt and sl

    ReplyDelete
    Replies
    1. Raj Dattani3 July 2020 at 15:44

      Monday sl 800-810 target 840-850 if sustian above it than we will again check

      Delete
  28. Avinash5 July 2020 at 13:44

    Sir

    You are my
    MONEY GURU

    ReplyDelete
  29. Unknown6 July 2020 at 11:36

    Hi Raj,

    As per your advice I have bought eclerx at 525 above to see big move..i have made it btst..hoping it to move..I m holding it

    ReplyDelete
    Replies
    1. Raj Dattani6 July 2020 at 12:17

      Yes I have said above 525 big upmove possible but it was only for those who have bought at my call on 510

      Now no problem above 500 it is good below that only weak

      Delete
    2. Unknown6 July 2020 at 13:25

      Ohh shall i book loss then I have 200 shares...and having loss of 8000 rs already as it is at 494 rs :(

      Delete
    3. Raj Dattani6 July 2020 at 16:40

      Without sl you will never make profit from stock market

      If you have bought at 525 than you should keep sl of 515 this is the way of trading if you don't follow sl or Trailing sl than you should never make profit from stock market

      Delete
  30. Jay6 July 2020 at 12:43

    Dear Raj, what is your view on Cholamandalam Fin? shorted on 194. Pls suggest

    ReplyDelete
    Replies
    1. Raj Dattani6 July 2020 at 16:42

      First of all without sl don't trade
      You can never make profit without sl

      Chola finance resistance was at 197 which is not corrosed next resistance at 204-210

      SUPPORT 190

      Delete
  31. Shreyas6 July 2020 at 19:43

    Hello sir
    Please advice me about HIL I HAVE BOUGHT@1240...SO SHALL EXIT @1200 OR HOLD ON...

    ReplyDelete
    Replies
    1. Raj Dattani6 July 2020 at 20:25

      Already said hil is weak below 1225

      Now only good if sustian above 1250

      Till that sell on rise only

      Delete
  32. Ram9 July 2020 at 11:45

    Hi sir....really great work
    Sir please tell me a free screener to find the day high breaking stock.

    ReplyDelete
    Replies
    1. Raj Dattani1 August 2020 at 21:04

      Thank you

      You can use moneycontrol or stock edge for it

      Delete
  33. Arti1 August 2020 at 08:29

    Is there a way to reach you personally..! I have no clue how to get to you. My mail id... artsd82@gmail.com
    Pls do reply. Thanks. Regards, Arti.

    ReplyDelete
    Replies
    1. Raj Dattani1 August 2020 at 21:03

      No there is no way I am not running any paid service or any trading sessions

      You can ask here only if you have any doubt

      Delete
  34. Anonymous4 August 2020 at 06:27

    Raj sir, I bought MAITHAN @485/-, hold or sold

    ReplyDelete
  35. Aryan23 August 2020 at 18:44

    Know about Monte Carlo

    ReplyDelete
    Replies
    1. Raj Dattani23 August 2020 at 19:01

      Monte Carlo support at 185 resistance at 200-210-224

      Delete

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