GLAXO trade ideas
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
Expecting 20-30% Returns in one Week ✌✌✌This scrip is choosen for short Term as it has formed a beautiful pattern. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
Expecting Breakout ✌✌✌This scrip is expected to give breakout 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.
Buy GlaxoBuy Glaxo, Stoploss 1470 Target 1600
Study: Trendline Support of 1500,Stock is trading near trendline support which is showing uptrend.Price is making Higher High and Higher Low
Gsk is taking support at its Trendline.The share does not offers big move more often but it is still capable of a swing trade.
Glaxo- Uptrend can startGlaxosmithkline having high volumes near 200 EMA and on the verge of falling trendline breakout. Base has been formed as highlighted on the chart. Supertrend is already positive in daily timeframe. Can move towards 1850 levels but might take time.
Super Breakout is ahead ✌✌This scrip is forming a beautiful pattern. So traders keep on your Radar and enjoy the profit.
5 year long breakout + triangular pattern breakout5 year long symmetrical triangle in getting converge
recently formed triangular pattern and breakout
now the retest level of triangular pattern and midline of long 5 year symmetrical triangle is same
Long Glaxo...Value zone reversalGlaxo
CMP - 1504
Stop - 1440 on DCB
Expectation -
1 - 1650
2 - 1800, Review at 1800
Expected Holding Period - 60 trading days or earlier
Ideas being shared only for educational purpose
GlaxoSmith Pharma Double bottom BO on Weekly chart & channel BO. Can buy above 1542 with SL 1385(CB) Target: 1650 / 1805.
