GLENMARK trade ideas

skbharathi Updated 

Glenmark,hourly chart indicates a breakout from out its consolidation range with high volumes. Can it reach a gap zone of 955+. Stops can be placed near 920

AshishChauhan_AlgoTrader Updated 

Glenmark will be giving a long breakout above 942, above 942 it can go to the level 953.80 if do not break the level 932 on downside.

AshishChauhan_AlgoTrader Updated 

Glenmark is giving a long breakout on hourly charts and can be swing trade for the levels 961/980/990 above 935, keeping a safety line at 922.

tanuj

a cup handle pattern bullish move expected

AshishChauhan_AlgoTrader Updated 

Glenmark is giving a short n=breakout below 906.50. below 906.50 it can go to the level 899/893 if do not break the level 914.50 on upside.

amit.u.lakhani

buy glenmark above 887

mayank8890

On 28-11-16 Glenmark made evening star pattern suggesting Bears got upper hand,from there on its in downside below 20SMA may test its recent support i.e 859

Singh_Siddz Updated 

Breakout on close above 955 with Volumes should attract fresh buying and will take this stock to 989 zone and then towards 1040. Keep this stock under radar this week. BREAKOUT CAN COME ANY TIME SOON

Maahir29

My View

crudegold

Ratio indicating Abcd pattern in weekly chart. Target as per fibonacci shown in chart. Sell below 940 ,27 october series of future With stoploss 962 target as 845/810/.777.50 in next 3 -6 months,2016. Min risk reward 1:3+