Glenmark Inverted H&SGlenmark looking good for a decent run. Inverted H&S pattern. Positive on both weekly & daily TF.Longby Sukumaranam2
GLENMARK - trading above neck line!If Glenmark trades above the neckline with good volumes, then targets mentioned are likely to be easily achieved. Longby Sunandamedi4
GLENMARK PHARMA - 1H TFHourly Candle not getting the upside push. Sellers activates in the 356-357 range and it falls back down to 345 odd levels. Then it gets a push upside with a big green candle supported with volume but there is no lateral move and it is the same story again n again. Observe the hourly candles in the parallel channel, it needs a close above 356 and above 360 WITH VOLUME. That will be the final nail in the coffin for this stock. On downside, be ready to sell below hourly close of 340 as the stock exits the channel of 340-360 and enters a new one with range of 325-340. Sell on rise around 339-341 after it breaks 340 WITH VOLUME. SL 345.1. Similarly, hourly close above 345 can be traded for upside till 350.by c0dchef1
The Bigger PictureBull Flag at Resistance. Its gonna break it hard. Kepp an eye on volumes too. Longby SwingerV3
Glen mark to taken for long entryGlen mark share on daily chart break out level completed can be taken for long entry with the target of 375 to 390 . Trend reversal sign is clearly visible in the stock. This is going to be the major breakout for the stock. Longby Tech_stock_traderUpdated 1
Glenmark - trading after break outOne of the fund houses has asked to PUT at 361 and the effect is seen (on 22nd). Otherwise, this would have been towards its destination of 400+. Multiple resistances at 364.Longby Sunandamedi3
Anchored VWAP Study of Glenmark Pharma Anchored VWAP Analysis self explanatory in Chart. Additional Pointers: - Range Breakout in place - Breakout accompanied with Expanding volume signaling the Range was an Accumulation Zone - Stock is also above 5 day EMA , 20 day EMA, 50 day EMA, 65 day EMA (ALL are Sloping upwards and above each other respectively) - ADX is above 25 on daily chart (trending) Concern: -200 day EMA is Sloping down but stock price is above it - 100 day EMA is above 50 & 65 day EMA but sloping up Key Target Levels: 1) 370-75 2) 385 3) 399Longby T_HarthUpdated 110
Glenmark Pharma - Good Stock for Momentum investing Glenmark Pharma is in Collection zone....excellent stock for momentum Investing. Park money only "when it breaks the rectangle formation". Easily could give 100-200% returns in 1-2 years time frame. * Idea only For Investment purposes. Longby sanjaysingh25500
Long Glenmark -- 20EMA crossover 50EMA RSI in uptrend Volume Supports If it breaks 355-358 levels then we can go long (Add on till 328-332) for Target 420 levels with SL 312Longby mishras2
Glenmark pharma for long positionIt is forming an inverted H&S pattern. Today volume is also Ok. Do you think, it is tradable?Longby anilfuture1
Glenmark Trading in a Range watch it for breakdown near supportGlenmark Trading in a Range watch it for breakdown near support. sell only below 321 as 321 is a buying zone once it breaks it target would be 314 and 307Shortby SherBazaar0
Glenmark Pharmaceuticals Ltd. - DailyGlenmark Pharmaceuticals Ltd. - It is trading above 200 DAY SMA (BLUE). - It is trading in a narrow range. - Technical indicators are mild-bullish. If price trades above narrow range 359 #breakout is expected. Keep a watch!!Longby Garey_Singh14
Glenmark Pharma Glenmark Pharma stock moving in a parallel chanel and preparing for breakout .keep your eyes on this stocks if it brek the upper chanel then stock can test the 380 upper chanel . in case the stocks breaks the lower chnnel in downside direction then the stock can show kajor fall in upcoming trading days .by Rajeev_kumar_5
Bullish patternLikely to test the resistance around 365. 10% above from cmp. All it needs is one good day before earnings to take it there. Longby SwingerV0
GLENMARK ;BUY FROM 360 BREAK OUTFORMING REVERSE HEAD N SHOULDER PATTERN;BUY FROM 360 Longby kirankchandranUpdated 0