Get started
SHRIHARII

GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation B/O

Long
GLENMARK LIFE SCIENCE LTD (NSE:GLS)  
SHRIHARII Updated   
NSE:GLS   GLENMARK LIFE SCIENCE LTD
Trend Analysis Chart Patterns Beyond Technical Analysis consolidation-breakout hugevolume breakout cupwithahandle cuppattern longconsolidation sideways Bullish Patterns candle
4
0
trendanalysis chartpattern beyondta consolidation-breakout hugevolume breakout cupwithahandle cuppattern longconsolidation sideways bullish candle
GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation Breakout.

1) Time Frame - Weekly.
2) 6 months of consolidation broken in Daily Time frame With Huge Volume.
3) Stock will find a resistance around the price 799 (Previous All Time High).
4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly candle's close as same as today in Daily Time Frame.
Comment:
As mentioned, The given target price 799 (11.8%) from the given price 714.20 achieved.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.