Glenmark Looks weak, Breakdown expexected
All observations on chart.
Taking support around same levels, now recently made a new high then again started testing the support with lower highs.
This indicates buyers are trapped and support is weakening
Don't attempt a breakdown trade.
Expecting a breakdown in few days.
Taking support around same levels, now recently made a new high then again started testing the support with lower highs.
This indicates buyers are trapped and support is weakening
Don't attempt a breakdown trade.
Expecting a breakdown in few days.
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Disclaimer
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.