Glenmark Pharmaceuticals Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, India. Support and Resistance level
Good short break in both week and daily Gann Pattern. Keep SL - 393 Target 315
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
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.
trend Details 1. primary trend chennel formation movement 2. secondary trend Rasing wedge pattern formation move up 3. red line upper level trade price you can expect the next speical circular level
Stock has also broken out of Bearish Channel of 356 Points. Target for same – 470+356 = 826 Fundamentally Stock can be valued at 776*30 ie 23280crs vs Current Market Cap of 15909 crs Hence at 825 Rs Stock will be Fairly Priced Technically Stock has broken and retested important Resistance level of 531. Hence more upside can be expected. Long term Targets – 735,...
Buy At Cmp 495 Strict SL - 478 Target - 550
SHORT STRATEGY when price breaches 455.20 levels confirm it with retest then enter the trade. exit - 407 (there is support level at 407 - if bears are still strong with increasing volume then hold it till you see otherways) FUNDAMENTALS - glenmark fake rumor on covid vaccine had increased the price of the share drastically, later there was a correction in...
Its a Narrow Cpr. Floor Pivots Says 200 SMA Hate candles. Take Short at 200 SMA... Charts for educational purpose only
Glenmark Range Bound A little upmove can be seen in good market condition. Resistance is around 439 while Support is around 413. If breakdown, we may see level of 405-400 In near term. Updated on : 20 July 2020 8.00am. Disclaimer: Only for Learning Purpose.
Bullish divergence in weekly chart. Price above the trendline
Monthly chart - Target 675 - 740 1. Price Volume breakout over trendline. 2. MACD positive cross over 3. RSI down trendline is broken on the upside. 4. RSI and William at favorable values supporting a BUY.
Range about to Break on Day Chart Large Volume Of Stock
Glenmark - Daily Chart
Short Between 439 to 442 Sl 445 Target First 429 Target 2nd 424.50 Follow me on Youtube@Sajanbhagat