praveen.bhatiya
Long

Small Risk potential Reversal Trade !

NSE:GLENMARK   GLENMARK PHARM
I have observed that there is a divergence in the RSI oversold area and today's Bullish Engulfing could offer a good trade with small risk. One can trade the stock as under

Entry current Price 425
SL 405
Target 497
Risk/Reward Ratio 4.4

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

Jul 31
Trade active
Aug 16
Trade closed: stop reached
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