- 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.
- 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
SWING 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.
Gland Pharma is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure sugar etc..
The Stock broke out a...
Good evening friends, We are today expressing our opinion on this stock if it is able to maintain the level 3280.it can give a blockbuster move of 200 points in short span of time say even in 30 minutes. For details please watch video.
We are not providing any recommendation or tip we are only expressing our opinion
Regards.
Gland Pharma Cmp 2627.20 dated 16.4.2021
Three Patterns on chart
1. Rounding Pattern
2 Ascending Triangle
3. Ready for Cup & Handle Pattern
Buy for a tgt of 3000-3050 SL 2475
It is just a view, pls trade at your own risk
