Glenmark Pharma Breakout in weekly timeframeGlenmark Pharma gave breakout in weekly time frame Good to keep in watchlistLongby nb_invest1
glenmark - sell intradaysell from cmp to 563 easy tg 555 tg2 - 552 Disclaimer : This is my personal analysis for study purpose not intended for trading.Shortby ShreeGanesh_19910
Long on Glenmark Pharma for Short TermGlenmark Pharma is trading just 1.65% away from 52 week high of 487.55. Glenmark Pharma broke out from ascending channel with a formation of Cup & Handle kind off pattern.Longby finvestarUpdated 7
GLENMARK- Squeeze Buy!GLENMARK Attached: Daily Chart as of 31st March, 2023 Bullish Opportunity in Glenmark is clear as Price has Not Only given a CLASSIC CUP & HANDLE BREAKOUT BUT IT is also accompanied by a Squeeze Buy Signal aka the Squeeze Release ! (Note: Squeeze is a volatility and momentum indicator introduced by John Carter, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The volatility component of the Squeeze indicator measures price compression using Bollinger Bands and Keltner Channels. If the Bollinger Bands are completely enclosed within the Keltner Channels, that indicates a period of very low volatility. This state is known as the squeeze. When the Bollinger Bands expand and move back outside of the Keltner Channel, the squeeze is said to have “fired”: volatility increases and prices are likely to break out of that tight trading range in one direction or the other.) CMP= 464.7 Targets🎯: T1= 500 T2= 550 Stop Loss⚠️: below 445, which is Breakout Candle LowLongby T_HarthUpdated 2
can this rounding bottom give a good upside?Looks like a rounding bottom on a weekly time frame. Good to watch if this leads to a good upmoveLongby anantulapUpdated 2
stay longon crossing fibo level 480 looking for target upto 520 keeping stop based on comfort disclaimer - trade @ own risk Longby sankhyainvestmentsUpdated 1
GLENMARK- Relative Strength says Buy!Attached: Glenmark/ Nifty 50 Weekly Chart as of 31st March 2023 This Relative Strength (Ratio) Chart clearly shows the Outperformance of Glenmark over Nifty 50 has Started! The Ratio Chart has given an Inverted Head & Shoulders Breakout with this Week's Candle Close If you compared Glenmark and Nifty 50 both on a Year To Date basis for 2023, then we get: Glenmark= Up 9.56% YTD Nifty 50= Down Down 4.12% YTD What this Means is that: Going forward expect Glenmark to keep Outperforming Nifty 50 Your Money is better off Invested in an Outperforming Stock instead of Index Nifty 50 Glenmark Pharma can be one of the Leading Stocks for 2023 This has clear BULLISH Implications for the Stock Price ................. Refer to my Related Ideas to see the Analysis of Glenmark's Price Chart which also has Bullish Implications like this Ratio ChartLongby T_Harth441
Glenmark Ascending Triangle formation Glenmark Ascending Triangle formation bullish only above 410 closing for tp of 457-460 sl 378 on dc basis Longby mdamin786Updated 6
BreakOut - GlenmarkPharmaBreakOut - GlenmarkPharma Entry - CMP Tgt 1 - 465 Tgt 2 - 549 SL - 445Longby theEquityShala0
GLENMARK - Ichimoku Bullish Breakout Stock Name - Glenmark Pharmaceuticals Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 453 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja110
#GLENMARK ANALYSISAs we can see that pharma sector started to trade above 200 DMA, and all pharma companies showing good green colours, follow chart for proper entry and exit. Auropharma worked well as analysed.Longby subbu_19151
GLENMARK AnalysisEverything is clearly mentioned in the chart. 24 Mar 23 For Learning Purpose. Longby Abhishekingx1
Trend reverasalGlenmark looking good for investment Trend break last swing high and retest it Longby shahsantosh992114
GLENMARK on Breakout; above 445 for Intraday on ThursdayGLENMARK on Breakout and with good volume; above 445 on Thursday 23 Feb for Intraday gains ------------------------------------------------------------- INTRADAY Trading Strategy based on 3 stages of a breakout: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation. Longby JJ_BreakoutsUpdated 1
Glenmark Pharma BreakoutGlenmark ready for big upmve abv 455 Massive breakoutt Delivery buy 460 ce MARCH FOR PTIN BUYERSLongby nitishsh9990
hello guys glenmark for short side sell glenmark if crosse below 442 i think the selling will be trigger below 442-440 There Is SHORT covreing going on in glenmark lets see it on next week Shortby krushangPatel0
Glenmark Pharma _ On breakout lineTesting the strong resistance line which has been respected so many times earlier with a momentous volume stunner . Expecting a good moveby DevanNaayar3
Glenmark Pharma massive upmoveGlenmark is all set to for big breakout bv 445-450 level Abv that can be massive strength 450 ceLongby nitishsh9991
Glenmark Buy for Target 480- 500-536- 565- 600- -645- 690+Glenmark Buy for Target 480- 500-536- 565- 600- -645- 690+ Sl Below 400 candle closing basis Longby Bilal_Kazi2
Glenmark Pharma BreakoutGlenmark pharma Perfect breakout Ready to move once cross 446 & 452 455 callsLongby nitishsh9990
Breakout stocksGlenmark stock clear breakout in weekly time frame it can reach the target within 3-6 months long term also can consuderLongby Srini17102
Glenmark Pharma - Long Bullish only above 435 wkly candle close Go long only above 435 weekly candle close. Look out for volumes to enter. Keep a close watchLongby SaptagirinivasaUpdated 113
Bullish flag pattern reversal in GLENMARKGLENMARK Key highlights: 💡⚡ 📊On 1H Time Frame Stock Showing bullish flag Pattern. 📊It can give movement upto reversal target of 432+. 📊It can give movement upto Breakout target of 458+. 📊There have chances of Breakout of Resistance level too. 📊Can Go Long in this stock by placing stop loss below 419 or last swing low.Longby TradZoo8