GLENMARK EOWA 28 June 2020 Long

GLENMARK PHARMNSE

Description

⋅ Jun 28, 2020 6:33 AM

Channel Breakout 13/04
Hard Stop 374
RSI MACD D,W TF Rising and Strong
200D EMA BO on 01/06 WRC abv avg VOL
Current Weekly Candle Long Wick on top suggesting Supply.

CRS Strong and Trending Up
RSI of CRS also Strong.

FIBO levels TGT SL Marked

Trend Analysis GLENMARK

Comments

rdv412

⋅ Jun 30, 2020 11:00 AM

can you keep it simple please? should we short it at current levels of 450 or go long ?

silenThunderr

⋅ Jun 30, 2020 3:39 PM

@rdv412, Bro its not that simple. Chart markings should give conviction to do so.

chqatar9

⋅ Jun 28, 2020 8:24 AM

all the data points are good but price range is @ 570/540 demand @430/50 sl is fine @ 410 what shuld be entry?

silenThunderr

⋅ Jun 28, 2020 9:02 AM

@chqatar9, So overall even after such a run up should
we take a position ?