As we can see on a weekly time frame of glaxo it is respecting this trendline for more than 14 years so go long in Glaxo it will give you easily more than 50% roi in few months
Reason for long a) mini consolidation and waiting for breakout from the channel b) 1444.50 is the entry level with 1423 as sl b) channel formation with good channel of breakout SL compulsory
Head And Shoulder Pattern In Glaxo Targets 1336/1287
Glaxo Smithklene Weekly time Frame Head And Shoulder Pattern Bearish CMP 1542 Target 1200
How I select my Stocks. How I make my selection work for me.
Clear Ascending Triangle on Monthly Chart Trade according to your Risk Reward
Consolidation breakout possible and macd buy signal provides another strength to long. Qty to be within 1% of total investment. Duration: 6 months.
Glaxo 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 gave a breakout of triangle pattern after almost 3.5 years. short term traders can consider glaxo for a 25 to 50% upmove
With 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
Reason 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% CMP : 1501 SL : 1430 Target : 1730 1:4 risk reward setup
GLAXO has formed a HL pattern with RSI gaining momentum above 60, Closing above the Supply zone is a good buy
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.
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...
GLAXO - CONSOLICATION IS ABOUT TO OVER SOON Around 6 years of consolidation In watchlist
This stock going to give a great breakout in symmetrical triangle. Stock looks very good after breakout. This is very good opportunity tu capture.
Triangle Formation Possible Breakout above 1700 Monthly Chart Long Term