GLENMARK PHARMA Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 Longby premganatraa1
Glenmark - Head & Shoulder Glenmark making head and shoulders on a bigger and smaller timeframe. Moving towards a target of 1100+. Other factors: 1. RSI moving up 2. MACD becoming positive 3. Volumes steady "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!Longby Jass_12345Updated 1
GLENMARK PHARMA for 75% (approx..) GainGLENMARK 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 : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart. Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.Longby SthitaprajnaYogiUpdated 21
Glenmark Pharma may reach 1262Because glenmark pharma close above 1094 a strong resistance, if it’s take support from this then it go for next resistance 1262 and also RSI DWM is 70, 72, 80 respectively. Let’s watch it.Longby vaman19093
GLENMARK PHARMA MAY TOUCH ATH ONCE AGAINGLENMARK PHARMA is in a strong Bullish trend and has formed a Bullish Reversal (W Pattern) pattern in it's Daily timeframe. The neckline of the W pattern is already broken with a strong candle having decent volume. Targets 1 & 2 are calculated using the XABCD Pattern of Harmonics. Maximum or all quantity should be booked between Target 1 and Target 2. Aggressive traders may hold a small quantity for ATH since there is a chance of profit booking from the Harmonic PRZ area (Area between Target 1 and Target 2). Between the PRZ area if a 15 minute candle breaks any swing low, all quantities should be booked immediately as market seems to remain highly volatile before and after election. It is an earnest request to keep position size as low as possible, because to save our capital in these volatile market conditions should be the only priority.Longby rtfofficial1618Updated 1
Glenmark Pharmaceuticals Limited - Breakout Setup, Move is ON...#GLENMARK trading above Resistance of 1027 Next Resistance is at 1262 Support is at 842 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli3
GLENMARK Rounding Bottom Breakout NSE:GLENMARK This Stock Good Pattern Stock ( Rounding Bottom Pattern ) StockLongby Maker-X19064
$NSE:GLENMARK MORE STEAM LEFT?This is the monthly chart of NSE:GLENMARK and you can clearly see a breakout in July followed by a retest and now a continuation of the move. The counter looks strong and one can look to buy on dips for a favourable risk to reward ratio as the stock has moved up a lot with a stop loss of 680 on monthly closing basis for targets of 1000-1200 in the coming months NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES. Longby longstocksUpdated 1
This month maybe Range Breakout of 6 Years in GLENMARKStock Name-GLENMARK TF-1M Enter at CMP If it closes above 750 in Monthly then it shoots upto Target-1 Range Breakout of 6 Years For Long Term Only my view. (I am not a SEBI Registered)Longby Nshravan1Updated 8
Glenmark Pharmaceuticals Limited - Long Setup, Move is ON...#GLENMARK trading above Resistance of 842 Next Resistance is at 1027 Support is at 710 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 your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 8
Amazing breakout on Weekly / Daily Timeframe - GLENMARKCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF.Longby Yoyohoneysingh930
GLENMARK PHARMA READY FOR A GARANTUAN BREAKOUTThe stock has been forming a cup and handle pattern on the weekly time frame where the 965 level is acting as a crucial resistance however it can be shattered if the market sentiments favour and after that a prelonged rally , however a major concern for the company is its ailing balance sheet which shows quite concerning factors but for a swing trade it can be boughtLongby keshavmaharaj9582
Long consolidation BOA good possibility of a BO is in the making. If it can sustain then the higher levels (blue lines) can be achieved. A strict SL should be followed (red line) and for best results, trail the SL based on something that is uniquely your own ! --- --- --- To get long term consistency you must create your own system by absorbing what is useful, discarding what isn’t, and adding what is uniquely your own. - Yvan ByeajeeLongby srjatavUpdated 2
GLENMARK H&S BREAKOUTGlenmark breaking h&s pattern with good volume and rsi #target 1200 EDUCATIONAL IDEA Longby NeetikaSri3
Glenmark for longGlenmark in weekly time frame waiting for BO. It has also formed cup and handle. big target waiting upsideLongby RDIVYA882
glenmark buyBuy from cmp to 895 sl close below 894 easy tg - 915 tg2 - 923 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.Longby ShreeGanesh_1991Updated 3
Glenmark for the LONG term ( Nirma BIDS)Major Shareholders Dec-23 Hdfc Mutual Fund-Hdfc Arbitrage Fund 2.4% Government Pension Fund Global 2.26% Icici Prudential Pharma Healthcare And Diaganostic 1.24% If Nirma Industry Buy then Shareholders will add more in the portfolio EPS is down - Target 1st - 1075 Target 2nd - 1260Longby nisshpatel2
Glenmark pharma long term viewThis is showing solid strength over the months. Good long term bullish pattern visible on the charts. One can accumulate for long term swings. Longby ashishhcUpdated 14
Glenmark Pharma - Nearing buy zone on weekly chart The stock took support at the 40 weekly moving average and is hovering near the buy zone. Positive momentum expected above the levels of 925 for an initial target of 1100. Will review once the target is achieved. Strict stop loss at 5-8%. Note: Not a buy/sell recommendation. Consult your financial advisor.Longby TheUnlearningOne2
Glenmark- Professor + gov + sg Bull flag 3 Days Volume Increase Professor + gov + sg Bull flag 3 Days Volume Increase and close > 3rd 1) Volume funda mainly 2) Breakout Possible 3) Lets seeLongby saurav09911
GLENMARK IMPORTANT LEVELSAnalyzing Glenmark on a follower's request. Glenmark is current trading in a range where the upper level is 925 and lower level is 840. No trade until the stock breaks the range. If it breaks the support trend line on the downside, much lower levels can be seen. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India by InvestPro_India117
Pharma Sector Looking Very Strong- Keep Eyes On Pharma Stocks-every pharma and healthcare giving breakout one by one -Glenmark is also looking good for short term -after breakout retest done now trading near resistance -rise in delivery volume & rsi -trading above all major ema & sma -keep in radar above resistance it can give decent return in short termLongby Marketik2