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kishoredp
Apr 3, 2021 6:50 PM

GLENMARK Long

GLENMARK PHARMNSE

Description

Glenmark is in bullish state trading in a parallel channel . Enter if it breaks 490 with the targets of 490 and stop loss of 460.

This is only for educational purpose. Trade at your own risk.

Comment

Sorry with the target of 545

Trade active

Let's see how it moves
Comments
StockWhizzer
What's target above 490?
kishoredp
@StockWhizzer, Target 545
StockWhizzer
@kishoredp in current momentum or halt @ 510, back to 490 & again 545 by mth end?
Also, ur views on NTPC & Coal India for April Fut?
kishoredp
@StockWhizzer yes current momentum is good and slight retracement can happen. overall pharma sector is getting ready for another upwards move. This is only my view.
kishoredp
@StockWhizzer NTPC is trading in upwards parallel channel in daily and weekly time frame. And in 1hr time frame its trading in symmetrical triangle pattern.
kishoredp
@StockWhizzer coal india is trading in downward parallel channel in weekly time frame. In 1 hr time frame i can see a triangle pattern.
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