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Apr 17, 2023 11:59 AM

GLS Medium bullish RSI Divergence form Long

GLENMARK LIFE SCIENCE LTDNSE

Description

NSE:GLS BSE: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.
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