GLENMARK trade ideas
long glenmark till 500weekly base formation in process here, if holds minimum target would be 500 in the next 6 months
sl below 270
GLENMARK PHARM 1D: Investment strategy explained in chartGLEANMARK PHARM seems to be find out the bottom as suggested by Elliott waves. Also exhaustion gap and breakaway gaps found along with divergence in price and RSI. Good for investment (long) for both short and long terms.
CMP: ₹301
Target: Short term 1 year: ₹600
Long term 5 years: ₹1200
GLENMARK PHARMA - BUY SIGNAL!!GLENMARK IS GIVING A BUY SIGNAL.
THE SHARE MIGHT TOUCH 280 ONE MORE TIME.
THEN, IT IS LIKELY TO MOVE TO 312 AND FINALLY ENTER 320. TIME FRAME IS AROUND 2-3 WEEKS.
#GLENMARK302 to 315.45 is the indecision candle zone
For Glenmark the score is -ve and it's in full bear momentum, we need a bottom confirmation and momentum for it to rise
GLENMARK (Glenmark Pharmaceuticals Ltd) BUY ABOVE 301GLENMARK (Glenmark Pharmaceuticals Ltd) BUY ABOVE 301
Long term investment - GlenmarkGlenmark is trading at crucial yearly support zone. One can start accumulating it for long term investment
Glenmark- Strong suport @ 270-272if closes below 270 , it can show 215-220 in coming days...lets see how tomorrow will react...buy 220 PE for safers
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 360GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 360
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 381GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 381
#GLENMARK CASH : LOOKS WEAK BELOW 385 AND LONG ABV 395#GLENMARK CASH
05 SEPT 2019
LOOKS WEAK BELOW 385
STOPLOSS 390
TGT 380-381/376/371
BUY ONLY ABOVE 395
STOPLOSS 390
TGT 399-400/405/410
CMP 389.30
double bottom pattern on daily chartsglenmark has formed double bottom pattern on daily charts with neckline around 375
buy for the targets of 420 sl 360
