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GLENMARK

GLENMARK - Strong Option Chain Signals for Potential Trade SetupBias: Bullish Bias with Aggressive Call Writing Unwinding and Strong Call Long Build-Up Strong OI additions in OTM Calls; downside Put writing limited ________________________________________________________________________________ Best CE: Strike: 2000 LTP: ₹42.1 OI: 28,83,750 (+12,32,625 | +74.65%) Volume: 15,350 Build-Up: Long Build-Up Interpretation: Strong aggressive buying; potential breakout above 2000 ________________________________________________________________________________ Best PE: Strike: 1700 LTP: ₹10.0 OI: 9,27,000 (+3,60,750 | +63.71%) Volume: 4,059 Build-Up: Short Build-Up Interpretation: Put writing — indicates strong support near 1700 ________________________________________________________________________________ Best Strategy: Bull Call Spread (Buy 2000 CE, Sell 2120 CE) - Capitalizes on upward momentum - Defined risk & reward - High probability based on CE buildup from 1920 to 2120 ________________________________________________________________________________ Why: - Multiple strikes (1920, 1960, 2000, 2120) with **Long Build-Up in Calls** - Lower strikes (1860–1900) showing **Short Covering**, confirming up-move strength - No significant Put Long Build-Up — bearish bets not seen - 2000 CE has highest bullish action → Key breakout level - Spot at ₹1904 is very close to these active strikes ________________________________________________________________________________ ⚠️ Disclaimer (Please Read): • This chart is shared for educational purposes only and is not investment advice. • I am not a SEBI-registered advisor. • The information provided here is based on personal market observation. • No buy/sell recommendations are being made. • Please do your own research or consult a registered financial advisor before making any trading decisions. • Trading involves risk. Always use proper risk management. ________________________________________________________________________________ 💬 Found this helpful? Drop your thoughts or questions in the comments below ⬇️ 🔁 Share this post with your trading community. ✅ Follow simpletradewithpatience for price-action backed technical setups. 🚀 Let’s trade with patience, logic, and clarity! Be Self-Reliant | Trade with Patience | Learn with Logic ________________________________________________________________________________
NSE:GLENMARK
by simpletradewithpatience
GLENMMAR PHARMACUITCAL- Bullish Flag & Pole Breakout (Daily T/F)Trade Setup 📌 Stock: GLENMARK PHARMACUITICALS ( NSE:GLENMARK ) 📌 Trend: Strong Bullish Momentum 📌 Risk-Reward Ratio: 1:3 (Favorable) 🎯 Entry Zone: ₹1680.00 (Breakout Confirmation) 🛑 Stop Loss: ₹1579.00 (Daily Closing Basis) (-6 % Risk) 🎯 Target Levels: ₹1725.65 ₹1775.65 ₹1826.70 ₹1878.45 ₹1926.35 ₹1977.00 (Final Target) Technical Rationale ✅ Bullish Flag & Pole Breakout - Classic bullish pattern confirming uptrend continuation ✅ Strong Momentum - Daily RSI > 60, Weekly RSI >60 Monthly rsi >60 ✅ Volume Confirmation - Breakout volume 1.93M vs previous day's 1.16M ✅ Multi-Timeframe Alignment - Daily and weekly charts showing strength Key Observations • The breakout comes with significantly higher volume, validating strength • Well-defined pattern with clear price & volume breakout • Conservative stop loss at recent swing low Trade Management Strategy • Consider partial profit booking at each target level • Move stop loss to breakeven after Target 1 is achieved • Trail stop loss to protect profits as price progresses Disclaimer ⚠️ This analysis is strictly for educational purposes and should not be construed as financial advice. Trading in equities involves substantial risk of capital loss. Past performance is not indicative of future results. Always conduct your own research, consider your risk appetite, and consult a financial advisor before making any investment decisions. The author assumes no responsibility for any trading outcomes based on this information. What do you think? Are you watching NSE:GLENMARK for this breakout opportunity? Share your views in the comments!
NSE:GLENMARKLong
by raigvivek
1
Glenmark - Short SetupCMP 1635 on 12.06.25 The chart is self-explanatory. The stock price has increased by approximately 20% over the past month. This time, reaching the confluence area around 1640-1650. If the area around 1650 reacts as resistance again, a correction period will then ensue. Targets may be 1570/1470. The setup will lose significance if it sustains above 1680. The above illustration and analysis are only for learning and sharing purposes; it is not buy or sell recommendations. All the best.
NSE:GLENMARKShort
by anandlive
Glenmark Pharmaceuticals Limited - Breakout Setup, Move is ON...#GLENMARK trading above Resistance of 1027 Next Resistance is at 1262 Support is at 842 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.
NSE:GLENMARKLong
by MandeepSinghKohli
GLENMARK PHARMA for 75% (approx..) GainGLENMARK PHARMA is showing inverted Head and Shoulders Pattern Breakout on Monthly chart. Chart Pattern is 70% success rate and if it is show on higher timeframe success rate increase. CMP : 690 TG : 1180 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
NSE:GLENMARKLong
by SthitaprajnaYogi
Glenmark Life Sci - nice long setupA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:GLS Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish flag & pole Chart Pattern Technical Indicator :- possible Positive MACD Crossover Disclaimer: This is for educational purpose only.
GLong
by raigvivek
Glenmark Pharmaceuticals Ltd - Cup & Handle, Head & Shoulders#GLENMARK CMP:₹.855.50 Glenmark Pharmaceuticals Ltd operates is Pharmaceuticals - Indian - Bulk Drugs & Formln. Technically looking good.Stock near it's 52 week high now. Both the Cup & Handle and Head & Shoulders pattern identified in the chart. Waiting for a break out. Stock is tempting to break it's 4 year long resistance trend line. If it surpass this long trending susceptible resistance line the a 50% move can be acceptable. Brokers are also bullish on this stock. Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
NSE:GLENMARK
by DevanNaayar