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SHRIHARII
Jan 2, 2024 10:16 AM

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

GLENMARK LIFE SCIENCE LTDNSE

Description

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.
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