Glenmark ready for another 30% up?

Glenmark broke its 4 downward trend in August 2020 and since then it is consolidating around the same levels.

Any thrust upside could be really quick and furious.

Form march lows, it has also taken 32% Fibonacci retracement level, which usually acts as strong support.

We can go long with a target of 680-700 with recent lows as a SL.