This is the analysis of GLAND in Daily Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some prediction...
GLAND Pharma is looking for a great buying opportunity after formed descending channel lined up with double bottom, Expecting to reach at 4000
gland has been retracing using parallel channel since past few days. earlier the vertical move was in the shape of pole. on higher time frame it is forming a Flag and pole pattern.
the gland has just broken the trend line with great volume support disclaimer:- I have this stock for swing @3970
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
- BO done above 4178. - RSI negative divergence seen, may slow the uptrend till sorted. - May look for entry after divergence is sorted out for targets of 4580. SL may be 3749. *only for educational purpose not a recommendation
BO of Gland pharma and now retest level Target 3000-3500 IPO stock BO given
#GLAND Re-test of BO done 1. Good to BUY on DIPS 2. Accumulate upto 2530 3. CBSL 2430 4. TARGETs 2706, 2879, 3099, 3214, 3290, 3379+