Glenmark Pharma is still under the consolidation phase for the past 3 and half months. Though there a more green candles with volumes unless it cross the previous resistance of 538 with a big green candle, the same trend of consolidation will continue. A new entry is suggested only with a confirmation of above 538 with good volume and a continuous range above 538.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.