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varadharavi

GLENMARK - Chance for Triangle Breakout

Long
GLENMARK PHARM (NSE:GLENMARK)  
varadharavi  
NSE:GLENMARK   GLENMARK PHARM
Triangle GLENMARK Symmetrical Triangle trianglebreak trianglebreakpattern
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triangle glenmark symmetricaltriangle trianglebreak trianglebreakpattern
Glenmark Pharma is showing a Symmetrical triangle pattern in the daily time frame and there is a chance for make or break in the upcoming days.

Look out for Volume breakout !!!

Buy Price: Above 406.5
Stop Loss: Below 358

Target 1: Above 448
Target 2: Above 491

Down Trend is also possible due to weak earnings !!!
Sell the stock if it breaches the stop loss value.
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