#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...
GLENMARK 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 :...
#GLENMARK trading above Resistance of 842 Next Resistance is at 1027 Support is at 710 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support 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...
Glenmark breaking h&s pattern with good volume and rsi #target 1200 EDUCATIONAL IDEA
A 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...
The stock took support at the 40 weekly moving average and is hovering near the buy zone. Positive momentum expected above the levels of 925 for an initial target of 1100. Will review once the target is achieved. Strict stop loss at 5-8%. Note: Not a buy/sell recommendation. Consult your financial advisor.
Analyzing Glenmark on a follower's request. Glenmark is current trading in a range where the upper level is 925 and lower level is 840. No trade until the stock breaks the range. If it breaks the support trend line on the downside, much lower levels can be seen. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Glenmark Pharma, CMP - Around 788 If the closing price of Glenmark Pharma surpasses 797, I am contemplating a buy position above the 800 mark. To mitigate potential losses, a stop-loss order will be strategically placed below 760. Our anticipated price targets are set at 840 and 880, with consideration for trailing if market conditions prove favorable.
Greetings Folks, today I have prepared a setup of NSE:GLS on NSE the analysis is as follows- - the price is consolidating in a 160+ day structure - the price is very contradictory, it can breakout either side, and it may even go sideways further - i am bullish overall, but still due to the current fall in the index i am not confident in entering this trade...
Bouncing from th support zone making higher highs and higher lows on lower degree time frame. Stock is likely to hold above 670 zone and move up towards 830-840 in the coming days.
A possible buying opportunity after completion of Inside Bar which is at the support of Maya also as a double confirmation. Buying above today's high and target is red lines as highlighted in the chart.
#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...
20th trade in the series Buying GLENMARK in DAILY positional trade
#GLENMARK trading above Resistance of 710 Next Resistance is at 842 Support is at 582 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support 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...
13th trade in the series Buying GLENMARK in hourly POSITIONAL trade
#GLENMARK trading above Resistance of 582 Next Resistance is at 710 Support is at 420 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support 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...
A Perfect breakout happend in GlenMark Pharma at 1D Candle & Looking at Weekly chart its also looking best now we can see such good move in Upcoming Session. KEEP AN EYE ON IT.....
Short on rise at 578-583 stop loss 590 (15 min close twice abv 590) target 537-518. All are spot levels. Disc : It's not an investment advise to buy or sell