gulz

POTENTIAL BULLISH BAT SETUP on 1hour Chart

Long
NSE:GLENMARK   GLENMARK PHARM
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2
On the GLENMARK PHARMA , 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup.

The price reversal zone on this pair is between 876 & 833

The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure resistance .

Target 1 - 913
Target 2 - 937

Trade with Care
Gulz.
Comment: All set for bulls to join the party
Comment: Glenmark on the move in early trade
Trade active
Trade closed: stop reached

Comments

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