Get started
eastwind65

GLENMARK PHARMA NEEDS A BULLISH CONFIRMATION CANDLE TO GO LONG

GLENMARK PHARM (NSE:GLENMARK)  
eastwind65  
NSE:GLENMARK   GLENMARK PHARM
Trend Analysis Chart Patterns Doji trendlinesuport Bullish Patterns
4
2
trendanalysis chartpattern doji trendlinesuport bullish
After making a recent High of 690 Glenmark has fallen steeply to the support zone at around 575-590 levels.

There is a Trend line support at 581.80 and even today the trend line has provided support in making a Doji type candle signifying indecision by the traders.

Now we need a strong Bullish followup candle to make up our mind.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.