Glenmark spot cmp 530 weekly time frame Elliot wave study Rising parallel channel structure RSI with divergence Inverted head and shoulder pattern Rounding bottom formation. all studies applying ,for long term view on chart,, looks attractive seeing the chart Lets see whats there in store..
Glenmark has entered into the consolidation zone and once it breaks 641 level then Target 690 is achievable.
NSE:GLENMARK as one can glenmarke on harmonic support, one can go long for swing trade with stop loss as per their trade setup. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade...
NSE:GLENMARK Support can be observed @ 470 Possible Targets: 1st: 538 2nd: 580 Correction is supported by 50 days SMA. Volume has no major changes. Before going LONG look at Volume and analyze. Before taking any position analysis yourself.
CNXPHARMA looks like bottum out. ready for 1000 points move. My Bullish picks from Pharma sector: 1.Glenmark 2.Lalpathlab 3.Metropolis 4.Cipla 5.Lupin
long in delivery only above trendline and yes candle must not form with long upper tails watch out for this and target for long is 575 good luck Our most harmonic pattern hit the target, it takes efforts to study technical analysis so if you like the idea, please share & like the idea thanks
GLENMARK Buy-Above 500 Sl-470 Target- 545 580 600 This is Pullback trade
GLS has broken out the previous swing high and is showing bullish signs. Go long above 707 and put your stop loss at 659. Targets are mentioned on the chart using XABCD bearish shark pattern. Happy trading :) This is just for educational purposes.
GLENMARK Buy-Above 530 Sl-510 Target-580 600 This is a pullback trade as of now. It may me a long buildup candidate after some time.
Glenmark Pharma try to forms inverse H&S pattern can buy 515 and add more if come 470 for target 800 and 980 soon
Detailed analysis given on the chart NSE:GLENMARK
Glenmark pharma preparing for breakout. Lower high lower low formation broken. Formed double bottom at support zone. About to breakout double bottom patter.
Target:- 740 Stoploss:- 510 By analysis of the chart of Glenmark Pharma , we can easily see that stock has already take support on the support line and shown bullish candle. So we can enter in this point. RSI also in oversold position, and directing upward.
Daily Chart #FORTIS NSE: FORTIS Short Term Quick Profit CMP 236 Target : 254 SL : 226 Timeframe < 30 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections and then higher highs again. Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant...
No downtrend or price rejection is seen since March 26, which means no major resistance ahead?
For the purposes of writing this series, I have assumed that the reader is not having a large capital base as, given the current scenario, an average person would find it hard to release funds that can be used for trading / Investing. Tax definition of Trading & Investing In a very simple manner, the key difference between Trading and Investing can be explained...
Glenmark Pharmaceuticals chart analysis for intraday and swing trading