Gland Pharma at Super Support...Bullish sideGland ltd - super support zone at daily time frame.Big booming bull will ready to emerge
GLAND trade ideas
Gland Pharma Can buy above 4023
SL 3744
Target Open
Looking Solid Opportunity taking Support at 50sma
Market structure Bullish
Strong Volume
Trend Up
Buy on Dips
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
GLANDPHARMA can rally from current levels?GLANDPHARMA has bounced from the support level and it is trading above this level, for the last couple of days. It is likely to face the next resistance at 4300 levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Gland Pharma - Rising WedgeGland Pharma :
Rising Wedge in formation
Crossing 4400 is crucial for further upmove else may fall
Gland Pharma Breakout - BO done above 4178.
- RSI negative divergence seen, may slow the uptrend till sorted.
- May look for entry after divergence is sorted out for targets of 4580. SL may be 3749.
*only for educational purpose not a recommendation
GLANDNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
GLAND offers good R:R positionallyChart Structure:
- In consolidation after Darvas Breakout.
- Stock in continuous uptrend.
- Price has retraced almost 33% of its up move.
Relative Strength:
- RS is strong and in uptrend.
- No Flip-Flop stock.
Volume Activity:
- Good Delivery volume in past few days
- 20 MFs Increased & 10 MFs decreased their positions in June.
Financial Performance:
- Company posted good Q1 results.
- QoQ Sales increased by 29.98%
- QoQ Profits increased by 34.64%
COvid 19 benefit seen on chartGland Pharma
can go 2900 on BO above 2550
above 2900 can touch 3200
sl will be 2400
Gland Pharma LtdObservations:
Bollinger band has stayed expanded for almost two weeks now
Positive crossover occurred about 2 weeks ago
10 DMA- Green, 20 DMA – Yellow, 50 DMA – Orange
Take support at current prices with .05% stop loss. Should there be a correction monitor it and re enter
Make note that the target is currently positioned at 2nd resistance levels.
Hence the need to keep stop loss at bare minimum
Gland Pharma Rounding BottomRounding Bottom spotted, Refer chart for entry exit points, potential 12% TP.
On the verge of breakout ✌✌This scrip is waiting to give resistance breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all..
GLAND PHARMA - Trendline & RectangleRectangle Breakout on 2H Chart of GLAND PHARMA. BUY above 3220 -> 3300, 3350, 3400, 3450, 3500. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
GLAND- Stock break pennant pattern
-Stock break and sustain above 3200 Next level to 3350/3500 levels .
-Support is near 3040 level on chart
Gland Pharma Cup and Handle PatternGland Pharma has broken out of a cup and handle pattern.
Buy: Gland Pharma
CMP: 3281
Target 1: 3500
Target 2: 3600
Stop Loss: 3200
Holding Period: 2 months
Gland Pharama Both View .....triangular kind of pattern is formed on daily and 4hr time frame...
so both sid view we can consider and for now my view is bullish till 3500
if tommorrow or day after tommorow stocks gives breakout then we can initiate buy or short
it might give breakout to upside with heavy volumn then it will not stop till lifehigh price so trade according own risk reward or u can take this chart levels as ur trading setup....
Buy Above- 3240
Target - 3510 and above
short below-3020
Target- 2875
SL for both - 3140
