Glaxo meets has been performing consistently well in past few months time and might pause for a while it seems. It will either be time correction where it will remain in same level range for some time or price correction like a retracement of the price after the impulsive move.
Eventually long term trend seems positive but in short term like a daily timeframe it...
GlaxoSmithKline Pharmaceuticals is a pharmaceutical company engaged in the business of manufacturing, distributing and trading in pharmaceuticals. The Company develops a range of products in pharmaceuticals, vaccines and consumer healthcare.
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
Triangle formation on weekly basis and
expecting reversal from the triangle's shadow levels.
Upper levels targets 1473 - 1535
Can move further as 1591 - 1674 - 1844 and above.
No recommendation. Just view
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.