Glen mark share on daily chart break out level completed can be taken for long entry with the target of 375 to 390 . Trend reversal sign is clearly visible in the stock. This is going to be the major breakout for the stock.
1. AB = CD Pattern drawn on Recent Close Price of Day Chart.
2. AC = 0.618, Assuming BD = 1.27 D Point Form at 348.
3. Price have started fall from the D Point fo AB=CD Pattern .
4. On 30 Minutes Chart, XABCD Pattern
5. XA Drawn from LL to HH , AB Drawn on HH to LL(New) , BC = Drawn on LL(New) to HH(New)
6. XB=0.62(Near to 0.618) , AC=0.885(Near to...
For last 3 trading days, Glenmark Pharma is not able to move upwards and is moving in the range of 310 to 341, on a daily chart, it has resistance at 330. To short for a target of 272 with a stop loss of 345
Key Levels for GRASIM :
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