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
The Scrip is trying to move out from a range after almost 5 months of consolidation, The Scrip was on a LL pattern on monthly/weekly chart but looking like it is about to break the trend. For Swing traders Can initiate longs once price sustain above 410 for a target target of 40 points, SL below 410 on Day closing basis, #Note - The idea is shared for...
NSE:GLENMARK #NSE:GLENMARK formed Beautiful symmentrical triable and given BO. Sustaining above trendline/400, may show very good momentum. SL for safe players can mark 383. Target Open. *Only for Practice.
Glenmark Pharmaceuticals Ltd - 27.05.2022 The stock is trading @ 398 levels There is a HAMMER & DOJI in Weekly Charts The prices are below EMA There is a HAMMER & DOJI in Daily Charts There is a STOCHASTIC Bullish Divergence in Daily Charts Let the prices go above 414 to initiate a BUY Position with support @ 376 watch out for the price action
Glenmark...nice structure Cmp 516 high probability setup for a possible upswing soon