pv2001821

"Glenmark" Getting ready for a BEAST MOVE

Long
NSE:GLENMARK   GLENMARK PHARM
NSE:GLENMARK
GLENMARK is consolidating for past 4 months in a fixed range.
According to me it is in an accumulation phase since then, Because of the presence of strong bullish candles which are volume supported.
Majority of price action is happening at 480-485, So try to make position in this price range.
Move greater than 10% is expected, considering the period of consolidation.