Looks good to buy at current levels with sl below 500 and target above 800
stock seems poised for upmove.Expecting a move of 100 rupees soon.
Glenmark Pharma try to forms inverse H&S pattern can buy 515 and add more if come 470 for target 800 and 980 soon
One it crosses the Trend line will create new Highs.
Demand zone, follow the strategy Buy in dip Buy above 545 TG huge in upside
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Above 523, stock is all set to become a rocket with only possible resistance between 539-540.Once that's cleared, brace for 600+ soon.
Glenmark Pharma is having a good Trend reversal if it closes above breakout price of 515. CMP 513 Swing Trade: Buy Glenmark Pharma at 515 SL 485 Target 575 Duration 2-3 Months.
Detailed analysis given on the chart NSE:GLENMARK
Buy above 514 T1-520 T2-530,540 STOP LOSS 510 only for educational purpose
Buy above 550/ below 510 with 490 SL on a closing basis. As price is trading in a narrow range. Let it decide direction by itself. No trade in a range.
-Is the correction over? I think so. -There is ultra high volume on the last candles -Good to enter. My SL 512.
Play for long term and get 125% target for time frame 1.5 to 3 years
Glenmark pharma preparing for breakout. Lower high lower low formation broken. Formed double bottom at support zone. About to breakout double bottom patter.
Go Long above 544.1 for Targets of 570.5, 596.9, 623.3 and 649.7 with SL 517.7 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support around 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around...
Buy-530-534 SL-515 Below Closing Basis Target-600-620-660 Time Frame-2 Months Low Risk High Reward Setup.. Pharma Index Is Ready For The Breakout & Heading Towards The 15K Mark.
Buy Glenmark at /near cmp 531 tgts 558/578/598 @sl own risk Its a positional one
Stock is making a "W" pattern after making a Double Bottom. Can be bought at CMP for Target at 200MA, maybe around 550.