GLENMARK trade ideas
GLENMARK, SYMMETRICAL TRIANGLE + DARVAS BOX (CHART# 388)All levels mentioned on chart.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
Glenmark Pharma Trading Idea || RR - 1:7A triangle pattern can be seen in the formation. Likely to breakout sometime this week. Have picked a SL level which has been a resistance for the duration of the triangle. However, should there be a consolidation before the breakout, I may adjust the SL accordingly. Enter trade only when there is breakout WITH good volumes.
Buy above 509
T1 : 547
T2 : 278
SL : 498
Thanks!
P.S. The rough time stop loss I set on all my trade is about 20-30% of the time the pattern took to form. Be rest assured regardless of the direction my trading ideas proceed in, I'll update the idea to reflect the same.
Intraday stock for 07-12-20The stock is ready to break the symmetrical triangle breakout, The stock can be taken for buying on 07-12-20
Glenmark Pharma - Breakout done after Fakeout, more strength now#glenmark explained everything on chart... Probability is to go up
GLENMARK,try hard to break this 2 year old trendline with flag.Hello traders,
glenmark pharma is trying hard to break this 2 year old trendline with a strong bullish flag.
whole setup is mentioned in the chart.don't take trade until this crosses the trendline.intraday setup is given for the day when this crosses the line.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
Glenmark Pharma - Can breakout, looks good #glenpharma CMP 478...looks good and seems it will give a breakout soon... above 485 more fire...c
Glenmark breaks the triangle patternCan give good return maybe shorting is a good option, but still do your own analysis
GLENMARK, CONFIRMED SYMMETRICAL TRIANGLE BREAKDOWN (CHART# 374)GLENMARK has given breakdown from symmetrical triangle and has only support near 464-5 zone. Below 463, this can fall further.
*** This is intraday only idea ***
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
GLENMARK - triangle pattern formationtriangle pattern formation in the stock. Important levels marked for breakdown and breakout
GlenmarkIntraday Picks for Monday:
GlenMark: Buy at 487, Target: 493. SL 481.50
Disclaimer: Information and educational purpose please do your own analysis before trading
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"Glenmark" Getting ready for a BEAST MOVENSE:GLENMARK
GLENMARK is consolidating for past 4 months in a fixed range.
According to me it is in an accumulation phase since then, Because of the presence of strong bullish candles which are volume supported.
Majority of price action is happening at 480-485, So try to make position in this price range.
Move greater than 10% is expected, considering the period of consolidation.
