Balakrishna_Shenoy

Glenmark ... From Bullish to sideways to bearish ?

NSE:GLENMARK   GLENMARK PHARM
Ichimoku is a very versatile system. Look at this chart of Glenmark . It has been in a range for a while, and below the equilibrium price. And unless it makes a big move up, the sentiment will turn bearish .... see how beautifully this is shown on the chart ....

It brings to mind the truth of life. If we are at the same place we are actually falling behind ...

Just a perspective that I wanted to share
Comment: Floating through the clouds ... today 3 dojis in the 125 min chart :-)
Comment: Above cloud and equilibrium price of 477.5 confirms momentum.
Comment: Finally ABove Cloud and close on dot 477.5. Now look out for big action from here on

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