GLENMARK has reached major support zone & Buying may come in So keep watch & look for opportunities
if you have any queries regarding above idea or any other stock feel free to D'M
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Bearish Shark pattern on 4H Chart of GLENMARK PHARMA. SELL 619-621.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s) & SL levels, which I'll be posting when I get proficient enough to.
Seems like it has broken out of a DOWNWARD CHANNEL PATTERN.
If it continues the breakout on downside then tomorrow we can hopefully
see the targets marked in GREEN.
Otherwise resistances are marked in RED.
It also looks like breakdown from a RECTANGLE PATTERN.