TradingView
Sathish4Nifty
Jan 10, 2021 10:23 AM

570/650 can be aimed with decent R:R Long

GLENMARK PHARMNSE

Description

Futures OI is in decrease while price are going up, indicates short covering. But soon we can see long build up.
Comments
psrarunisaimaran
Ji, Whats going on with this glenmark
Sathish4Nifty
@psrarunisaimaran, Currently the direction is not clear for me. I guess the trendline will be respected. But will wait for some confirmation.
psrarunisaimaran
@Sathish4Nifty, thanks Ji,, will wait and see
Sathish4Nifty
Last one hour activity of today (14th Jan) looks the stock is becoming active. Will look for long if there is bullish sign tomorrow.
Already tried once on 12th with a tight stop loss, which was taken.
More