Head and Shoulder PatternGlaxo Smithklene
Weekly time Frame
Head And Shoulder Pattern
Bearish
CMP 1542 Target 1200
GLAXO trade ideas
Ascending triangle on Monthly ChartClear Ascending Triangle on Monthly Chart
Trade according to your Risk Reward
Break out from consolidationGlaxo smith is trading in range since last 3 years now gave break out with good volume and its is back testing the resistance
Hope it will rise from here
glaxo triangle pattern breakout in monthly chartglaxo gave a breakout of triangle pattern after almost 3.5 years. short term traders can consider glaxo for a 25 to 50% upmove
#GLAXO -@1793 on verge of multi-yr BreakoutWith reports that Glaxo s drugs works against all Omicron mutations it's highly likely that stock will give a Brk out From it's cup and handle pattern
Glaxo LongReason for Long
1. Head and Shoulder Formation (See chart)
2. High Volumes (See chart)
3. Good Fundamentals
4. RSI continously above 50 (See chart)
Target: 2000
Stop loss: RSI goes below 50
GLAXO | Falling wedge breakout - Looks potential for 16%GLAXO | Falling wedge breakout - Looks potential for 16%
CMP : 1501
SL : 1430
Target : 1730
1:4 risk reward setup
GLAXO - HL Pattern near Supply ZoneGLAXO has formed a HL pattern with RSI gaining momentum above 60, Closing above the Supply zone is a good buy
Breakout in GlaxoSmithKline Pharmaceuticals...Chart is self explanatory. Entry, Targets and Stop Loss 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.
Target 1 (7%) achieved in Glaxo Pharmaceuticals. Target 2 is ON.This is follow-up on GlaxoSmithKline Pharmaceuticals. Can check link to related ideas.
Target 1 achieved. More than 7%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss 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.
GLAXO - CONSOLICATION IS ABOUT TO OVER SOONGLAXO - CONSOLICATION IS ABOUT TO OVER SOON
Around 6 years of consolidation
In watchlist
Good opportunity This stock going to give a great breakout in symmetrical triangle. Stock looks very good after breakout. This is very good opportunity tu capture.
Glaxosmithkline Pharmaceuticals LimitedTraingle breakout pattern in Glaxosmithkline Pharmaceuticals Limited
GLAXO in its Support!!!!!!RISK REWARD RATIO !!!!
CMP: 1503
TARGET 1: 1600
TARGET 2 : 1718
STOPLOSS : 1400
✔✔ some indicators are satisfying
GLAXO Ready To FireGLAXO- Trading At Support.
GLAXO -
Buy Above 1570
Sl - 1480
Target- 1700 2000 2200
GLAXO #StockMarket #StockIdeas #StocktoWatch #StockToBuyGLAXO Smithkline-- It is one of the oldest pharmaceuticals companies in India.
Operating in Health Care and Pharma Sector.
Recently in News for Covid Vaccine.
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On Monthly CHART BO & also volume coming
Buy & Hold 30% At CMP and add more if Breaks Resistance level of ~1750
Keep SL of 1450 for Short term or 1300 for long term
Keep holding for min 1 year Stock will minimum Double from CMP
Long Positional BET
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Strict SL to be followed in every trade
GlaxoSmith.. monthly bullish trendGlaxosmith has broken above falling trendline with good volumes
good accumulation has been seen in tthe previous months
buy on dips to 1670 sl 1500 first trgt 1935.
expecting this to be trend reversal and new highs to be formed
