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
share name : glenmark pharma call type : poistional or investmnet - share is forming a diamond pattern - head and shoulder on bigger time frame - a good consolidation can be seen for the level of 540 - act as a huge resistance - we can accumulate this share at level 490-480- 470 with sl of 450 - approchable targets 700,1000, 1200 ++ thanks
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...
GLENMARK Buy-Above 500 Sl-470 Target- 545 580 600 This is Pullback trade
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 Pharmaceuticals (weekly) staying above 395 level, it will give good breakout. A journey toward 500 level.
Short Between 439 to 442 Sl 445 Target First 429 Target 2nd 424.50 Follow me on Youtube@Sajanbhagat