Piyush-Gupta

GLENMARK, CONFIRMED SYMMETRICAL TRIANGLE BREAKDOWN (CHART# 374)

Short
NSE:GLENMARK   GLENMARK PHARM
567 views
45
GLENMARK has given breakdown from symmetrical triangle and has only support near 464-5 zone. Below 463, this can fall further.
*** This is intraday only idea ***

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Piyush Gupta
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Comments

I have been waiting to short glenmark , let me grab this. thanks a lot
+2 Reply
Will be good short candidate if market stays negative tomorrow
+1 Reply
Piyush-Gupta Chandruuu
@Chandruuu, Exactly. Market trend matter a lot.
Reply
Well, i think its in accumulation phase. It wont go below 450 atleast. Rather i think it will give a breakout on upper side .........but, no one can tell for how long this accumulation will last
Reply
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