Chart_World

GLS Medium bullish RSI Divergence form

Long
NSE:GLS   GLENMARK LIFE SCIENCE LTD
GLS GLS

Time Frame – Weekly

Observations: -
* Medium bullish RSI Divergence form on weekly chart
* If the price sustain above 420 then price may try to touch fibbo 50% & 61.8% level near 585-635 zone.
* Risk reward look good here

Resistance – 475 / 575 / 635 / 740 / 799

Support – 370 - 400 support zone

DISCLAIMER: NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.

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.