Karthik_Bellamkonda

Glenmark in 7 months consolidation

NSE:GLENMARK   GLENMARK PHARM
Glenmark in 7 months consolidation zone, watchout for breakout

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Ji, Could you help with the target
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Karthik_Bellamkonda psrarunisaimaran
@psrarunisaimaran Need to wait till breakout
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StockWhizzer psrarunisaimaran
@Karthik_Bellamkonda, holding March fut @ 480, can we expect 505/520 by March exp, shall I hold on exit around 505? thnnx
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@StockWhizzer, Actually the price is moving in descending triangle pattern in day time frame (you can refer the idea in my previous post), If price close above 500 it will touch 510 but if it not it will move down to 470.
We can't predict the exact price by expiry date.
Trade safe and save your capital.
+1 Reply
StockWhizzer psrarunisaimaran
@Karthik_Bellamkonda so anycase, 510 shud be exit for short term?
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Karthik_Bellamkonda psrarunisaimaran
@StockWhizzer If you want trading calls , join our telegram channel -
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