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J_ankit

Trade Opportunity in Glenmark !!

Long
GLENMARK PHARM (NSE:GLENMARK)  
J_ankit Updated   
NSE:GLENMARK   GLENMARK PHARM
Support and Resistance Moving Averages Beyond Technical Analysis
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supportandresistance movingaverage beyondta
It is an anticipatory opportunity in Glenmark; Entry will above Rs 550 with Stop Loss at EMA 200 and Target will be Rs 580 , Rs 600 and Rs 640.

Points considered : Multiple Resistance Points, Price at EMA 200, Upward Channel Pattern, RSI, Fib Level and Good consolidation in past 3 months.

Thanks
Trade closed: stop reached:
:-( , at crucial support level !!
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