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.
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