GLAXO Bullish Longer timeframe Correct time to buyThis stock follow a good up trend in monthly chart, 3month chart also. I have share entry and Stop loss price through chart.
Glaxobuy
Glaxo LongReason for Long
1. Head and Shoulder Formation (See chart)
2. High Volumes (See chart)
3. Good Fundamentals
4. RSI continously above 50 (See chart)
Target: 2000
Stop loss: RSI goes below 50
GLAXO Ready To FireGLAXO- Trading At Support.
GLAXO -
Buy Above 1570
Sl - 1480
Target- 1700 2000 2200
Galxo_Long Call_36% upside potential29 June 2020
Glaxo (CMP 1493)
Inverse Head and Shoulder Pattern. It took 92 trading days for the pattern formation.
Long term is 552 points up from 1525.
Breakout above 1525 is crucial.
T1= 1709, T2= 1893, T3= 2077; SL= 1341
Target Date= 30 Oct 2020
