Glenmark Pharmaceuticals Ltd Formed double bottom in weekly chart and consolidating since August.... Trade according to your risk tolerance..
#GLENMARK CMP:₹.855.50 Glenmark Pharmaceuticals Ltd operates is Pharmaceuticals - Indian - Bulk Drugs & Formln. Technically looking good.Stock near it's 52 week high now. Both the Cup & Handle and Head & Shoulders pattern identified in the chart. Waiting for a break out. Stock is tempting to break it's 4 year long resistance trend line. If it surpass this long...
GLENMARK PHARMA channel bottom reversal on going deep retracement to going up wait and watch and enter this trade
Glenmark May shrink to given line , it may happen in coming week ..
GLENMARK PHARMA is showing inverted Head and Shoulders Pattern Breakout on Monthly chart. Chart Pattern is 70% success rate and if it is show on higher timeframe success rate increase. CMP : 690 TG : 1180 SL : Below 21 EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical :...
Buy if next candel cross above 836 Sl 760 T1: 875 T2: 920
GLENMARK has consistently shown resilience and upward momentum every time it's graced the 200 Moving Average support. Once again, we're witnessing this pattern. The stock springs up robustly the moment it touches this pivotal support. Traders, if you haven't yet, consider seizing that retest long entry. However, a word of caution - if it's moved too far away, it...
Reason for short a) Oi short build up b) Entry below the low of bull candle c) SL compulsory d)channel break down e) m pattern break down f) weekly break down SL compulsory
20th trade in the series Buying GLENMARK in DAILY positional trade
#GLENMARK trading above Resistance of 710 Next Resistance is at 842 Support is at 582 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
--Breakout stock --Swing trade --RSI uptrend -- T-900 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own analysis and...
📌Pharma Industry looking good ✅Keep an Eye GLENMARK + Continuation pattern BO in progress + Validated with Volume + Trading above key EMAs 📢Not a buying recommendation
GLENMARK CROSS DOUBLE BOTTOM NECK LINE WE CAN EXPECT NEXT 6MONTH AFTER GOES UP, now again come re test place after, this script going up chANCES HIGH. WAIT AND WATCH, TWO THINGS HAPPEN ONE DOUBLE BOTTOM NECK LINE CROSS, ANOTHER TREND LINE BREAK.
Glenmark all set for a 15% upside its in a symmetrical triangle formation. Tgt 550 in next 5-6 months keep stop loss of 435
Up-trending stock retraced from the higher level. Trading on support zone, favorable time to enter or trade, Good pullback trading opportunity. Good R:R
# GLENMARK PHARM # # LONG TERM VIEW BULLISH # BUY : 690-705 # TG - 1100-1140 # SL : 580 # R:R - 1:4 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Short looks good to short below 771. Reason for trade Proper M Pattern formed on Daily chart. Also RSI is week. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and share and follow Thank you for reading my idea
08/07/2023 Glenmark Pharma CMP: 689.25 BO above 736 Target:996-1262 Information is only for study purpose