GLAND trade ideas
COvid 19 benefit seen on chartGland Pharma
can go 2900 on BO above 2550
above 2900 can touch 3200
sl will be 2400
Gland Pharma LtdObservations:
Bollinger band has stayed expanded for almost two weeks now
Positive crossover occurred about 2 weeks ago
10 DMA- Green, 20 DMA – Yellow, 50 DMA – Orange
Take support at current prices with .05% stop loss. Should there be a correction monitor it and re enter
Make note that the target is currently positioned at 2nd resistance levels.
Hence the need to keep stop loss at bare minimum
Gland Pharma Rounding BottomRounding Bottom spotted, Refer chart for entry exit points, potential 12% TP.
On the verge of breakout ✌✌This scrip is waiting to give resistance breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all..
GLAND PHARMA - Trendline & RectangleRectangle Breakout on 2H Chart of GLAND PHARMA. BUY above 3220 -> 3300, 3350, 3400, 3450, 3500. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
GLAND- Stock break pennant pattern
-Stock break and sustain above 3200 Next level to 3350/3500 levels .
-Support is near 3040 level on chart
Gland Pharma Cup and Handle PatternGland Pharma has broken out of a cup and handle pattern.
Buy: Gland Pharma
CMP: 3281
Target 1: 3500
Target 2: 3600
Stop Loss: 3200
Holding Period: 2 months
Gland Pharama Both View .....triangular kind of pattern is formed on daily and 4hr time frame...
so both sid view we can consider and for now my view is bullish till 3500
if tommorrow or day after tommorow stocks gives breakout then we can initiate buy or short
it might give breakout to upside with heavy volumn then it will not stop till lifehigh price so trade according own risk reward or u can take this chart levels as ur trading setup....
Buy Above- 3240
Target - 3510 and above
short below-3020
Target- 2875
SL for both - 3140
Gland Pharma - Descending Triangle - Lack of Volume is making Gland Pharma move sideways for quite some time, next few days would be crucial.
- It can either breakout and go to 3350 level or breakdown and go to 3000 level.
- RSI is around 45, it is good time to accumulate this stock.
- There is high possibility that it may move sideways for sometime because of low volumes.
Gland Pharma made Descending Triangle on Hourly Chart- Lack of Volume is making Gland Pharma move sideways for quite some time, next few days would be crucial.
- It can either breakout and go to 3350 level or breakdown and go to 3000 level.
- There is high possibility that it may move sideways for sometime
GLAND PHARMASWING TRADE:
GLAND PHARMA, gave strong trendline breakout and now doing retest, can enter now with SL below trendline. can give good move in small time.
