- Lack of Volume is making Gland Pharma move sideways for quite some time, next few days would be crucial. - It can either breakout and go to 3350 level or breakdown and go to 3000 level. - RSI is around 45, it is good time to accumulate this stock. - There is high possibility that it may move sideways for sometime because of low volumes.
SWING TRADE: GLAND PHARMA, gave strong trendline breakout and now doing retest, can enter now with SL below trendline. can give good move in small time.
#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+
Buy Gland Pharma near Retest are of 2490-2500 with stoploss of 2300 Study : Inverse head 7 Shoulder Pattern Breakout and now Stock is trading near retesting area
GLAND PHARMA is at really good support area can go long above 2500 level