GLENMARK trade ideas
Cup and handle breakout coming in GLenmarkClose above 559 breakout line will be entry and target will be 396
all indicators showing positive energy
Glenmark LongPrice action has taken the support and seems ready to move up. Entered @309.
Can be bought around 310-315 with SL 267 CB.
Targets open, no body know target just keep trailing. :)
Very handsome risk reward.
Disclaimer: Ideas for educational purpose, give a thumbs up if you like.
GLENMARK INVESTMENT IDEA FOR 2020PLEASE FOLLOW CHART IF BAD NEWS COMES SECOND GAP MAY BE FILLED YOU CAN STILL GO LONG WITH SECOND GAP AS STOP LOSS FOR INVESTMENT
TRADE AND INVEST AT YOUR OWN RISK
Long ( Continuation pattern ) One can look for buying and once the price move away form the buy level . put the stop to cost and let the trade run
Look to book near the forecast , its going to take time to make to that level , have patience
Good luck
GLENMARK : Bullish Shark 29-JAN-2020
GLENMARK : Bullish Shark 29-JAN-2020
CMP: 335.60
Entry : 323-327.50
Targets : 331.50, 338.70
Stop loss: 321.10
Chart by : Karthikdeva
