PremmKshatri

Glenmark Chart Analysis

Long
NSE:GLENMARK   GLENMARK PHARM
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2
here is a chart analysis of glenmark , There is a breakout of flag n pole pattern with a good volume .

Comments

Thank You for your guidance.
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what should be the tgt @PremmKshatri?
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@ritenjee, you can expect till 704. But I will suggest to use trailing stoploss. But For me target-1 is 704 and exit-target will be OPEN
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ritenjee PremmKshatri
@PremmKshatri, entered last day. please guide if goes wrong.
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@ritenjee put your stoploss 3 4 points below low of prev day candle. You should not enter on a trade directly on breakout. Breakout always retest the resistance line If it sustain above that then we should enter in trade
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alwaya try to minimize your risk.
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ritenjee PremmKshatri
+1 Reply
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