Gland pharma swing tradeThe stock looking bulish. It is consolidated for few day after the run. It look break out and change of sturcture in 2 hr time frame.
In coming day may be we can see the cup pattern break out
GLAND trade ideas
Potential upmove | Bottom fishing - GLANDThese analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis.
IMPORTANT : Wait for weekly close above the breakout level. We can see that already a weekly candle made a BO and closed above the level. Hence we can enter now!
The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward.
Do your own research and analysis before investing your hard earned money.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Gland Pharma for 30% gain in 2 year. By seeing company reputation and past sales growth. its fair to assume that gland will reach to its life time high one day.
but currently I am seeing a 30% potential gain within 2 year per the chart pattern.
Turning Bullish: Gland PharmaON weekly chart, showing good strength.
Bullish Momentum seen Above Short, Medium and Long Term Moving Averages
Can enter for a longterm target of 2500+ - 3100
Breakout in this week or next Target 2251Volume Delta changing , Impulse MACD flatning , RSI indicating strength , Super Trend Strategy Already showing +251 . Hence it can be concluded there will be a breakout supported by dividend . Then positive quarter in terms of revenue and sales will lead the Gland prices to Higher High .
DYOR
GLAND ready for breakoutGland pharma making some moves despite selling pressure , currently a sideways movement and consolidation . But Fundamentals of company are strong and indicates a price Target of ₹2654.35 within 3-6 months .
BUY_BUY_BUY is what i will do . Your investment decision lies on your analysis . I am no authorised person to give an investment advice . I wont be responsible for any loss or damages to anybody .
If you wanna fix your damages from trading . You should know what you gonna buy next .
# LONG on GLAND
[Swing Trade] GLAND - 1855GLAND has been failing to give a good BO..I suspect it would have a strong BO in coming week. DYOR before you place a trade.
Another pharma stock taking a U turn Gland CMP 1886
The correction is done in this counter. the break of the trendline will an additional confirmation. U can buy here or above 2028. T1 3150.
Weekly view - Gland - May 27, 2024It appears that Gland Pharma has broken out of its downtrend. The stock has been maintaining higher levels for an extended period and has successfully breached the falling trendline. There's significant potential for upward movement from here.
Breakout on Weekly Chart, Technical OutlookWeekly TF : Technical Levels
Trend : Positive
Strength : Strong
CMP : 1885.90
R1 : 2194.00
S1 : 1770.00
S2 : 1662.05
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
GLAND PHARMA 50% UPSIDE POSIBLE MOVEFundamentaly company is good
Cup & Handle Pattern
BUY @1750, TARGES 2600 (50%)
for educational only
Based on recent development in setup and news.Gland pharms ex-promoter has done block deal worth $150 million and the setup in 4 hour for swing seems strong for shootup to near target 2000 and target 2 2100 in near terms .
For education purpose only it’s not buy or sell recommendations. I am not SEBI registered adviser.
Enjoy , have a peaceful sleep .
GLAND Analysis & PredictionThis is the analysis of GLAND in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About GLAND :
Gland Pharma Ltd. manufactures pharmaceutical ingredients and injectable formulations. It offers injectables including vials, ampoules, pre-filled syringes, lyophilized vials, dry powders, infusions, and ophthalmic solutions. The company was founded by P. V. N. Raju in 1978 and is headquartered in Sangareddy, India.
After long downfall now successful upward trained startThis is the perfect example of a long downfall now upward trained start and successfully higher bottom keep making Until higher bottom Keep phone ride on the On the stock really other technicals also Positive shouting towards this trade change momentum built RSI strong quarterly revenue also support
Gland Pharma1. Descending triangle pattern formed in 4 hrs candle
2. If sustains Above 1570 - Go Long
3. Quick Target - 1740
4. If price comes below 1475 - Invalid
Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
This is for Educational purpose.
Time for Some Tea (again)Wait for a confirmed close above 1815 to enter the trade.
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Dreams don't work, unless you do.
Gland Pharmagland pharma recently completed the correction which is clear zig-zag correction and now it has started its bullish trend so I am currently bullish on the stock and will reach atleast 2400
Amazing breakout on Weekly / Daily Timeframe - GLANDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
GLAND - SWING TRADE - 24th November #stocksGLAND (1D TF)
Swing Trade Analysis given on 24th November, 2023 (Friday)
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Near Neckline - Done ✓
- Retracement + Consolidation - In Progress
Will wait till EOD for candle close and then keep a small SL in case of a retracement
#stocks #swingtrade #priceaction
Gland PharmaGland pharma good stock for swing trading .. perfect entry for short term target
minimum stoploss entry..
Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years
Gland pharma reversal If 1702 level breaks then target 2613
Stoploss 1412
This is not a financial advice
