GLENMARK
GLENMARK (Glenmark Pharmaceuticals Ltd) BUY ABOVE 301GLENMARK (Glenmark Pharmaceuticals Ltd) BUY ABOVE 301
Glenmark- Strong suport @ 270-272if closes below 270 , it can show 215-220 in coming days...lets see how tomorrow will react...buy 220 PE for safers
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 360GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 360
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 381GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 381
GLENMARK || SHORT || INTRADAYSell 414 SL 416
Targets 412, 410, 408, 406, 404, 402, 400
OR
GLENMARK AUG 410/400 PE (14.30/10.05)
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 409GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 409
Small Risk potential Reversal Trade !I have observed that there is a divergence in the RSI oversold area and today's Bullish Engulfing could offer a good trade with small risk. One can trade the stock as under
Entry current Price 425
SL 405
Target 497
Risk/Reward Ratio 4.4
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
LUPIN trade setuplupin looks good and is set for another atleast a 5% run to the least in coming days
is in my buy on dip list with mentioned stop loss !
CONCEPT IN PLAY || GLENMARKAn excellent concept of divergence was shown in the charts of GLENMARK Pharma when a revisit of September 2018 heights happened in the first week of January 2019 but then it happened with a decrease in the momentum in the move and hence it was imminent on the RSI.
A double top and a divergent RSI were perfect indicators to show that the move in GLENMARK would halt temporarily. Has been agood short since then. Might be able to give a couple of percent more.
BTST IN GLENMARK JAN FUTBTST IN GLENMARK
JAN FUT
BUYING THE DOJI FORMED AFTER A DOWN RUN
HOLDING 50-DMA FOR 2 DAYS
GOOD RISK TO REWARD RATIO
BUY@658
STOP@652.75
TARGET@670
LOT:750
QTY:2
NEW YEAR TRADE GLENMARK MOVING HIGHER JAN (FUT)NEW YEAR TRADE
GLENMARK MOVING HIGHER
IIF CLOSES ABOVE 692 IT WILL MANAGE TO WEEKLY RESISTANCE
WHICH WILL MAKE SURE THAT IN COMING DAYS A TARGET OF 720
AND 740 IS OPEN
JAN FUT
BUY@700
STOP@695
TARGET 1@720
TARGET 2@740
LOT:1000
QTY:1
Glenmark: At supportGlenmark
CMP 624
The stock looks likely to be at support levels.
Target 680 / 700
Stop loss if trades below 602 on closing basis.
Take care and safe trading...!!!
wockpharma seems very strong the stock looks to set for a rally of 12/15% in coming days , if continiously holds 490 on closing basis ! even a 20% move cannot be denied .
GLENMARK: BUY AT 647 STOPLOSS 629 TARGET 673GLENMARK has traded with 3 times its average volume and looks bullish
BUY at 647
STOPLOSS 629
TARGET 673
I am not a SEBI registered analyst.
