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profitpujari
Dec 25, 2023 9:29 AM

#GLS long term breakout trade setup (25/12/23) 

GLENMARK LIFE SCIENCE LTDNSE

Description

Greetings Folks,
today I have prepared a setup of NSE:GLS
on NSE
the analysis is as follows-
- the price is consolidating in a 160+ day structure
- the price is very contradictory, it can breakout either side, and it may even go sideways further
- i am bullish overall, but still due to the current fall in the index i am not confident in entering this trade right away
don't play with fire, always use a predefined stoploss
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