Clear we have seen the bullishness of the stock of Glenpharma on Daily & hourly chart. The formation of Flag pattern on hourly chart is clearly visible. So we can take the stock for long entry above 392 for the next level of 408 . After this a minor resistance zone at the level of 410. Once the stock cross & sustain the level above 410 then the next level is 435. So add the stock in your watch list for next trading session.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Trade active
Trade active:
made high 404
Trade closed: target reached:
Made high 410 but could not sustain above that as high resistance level as indicated above.