A Perfect breakout happend in GlenMark Pharma at 1D Candle & Looking at Weekly chart its also looking best now we can see such good move in Upcoming Session.
KEEP AN EYE ON IT.....
GLENMARK PHARMA Looking good for upside..
When it break level 632 and sustain.. it will go upside...
BUY@ 632
Target
1st 638
2nd 642
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
once stock crosses upper range and sustain above then we can seen more upsides in stock
price trading in a range
wait for get out from range
chart showing explanation it self
Short on rise at 578-583 stop loss 590 (15 min close twice abv 590) target 537-518. All are spot levels.
Disc : It's not an investment advise to buy or sell
Short Glenmark pharma below 633. Reason for short Trade, Stock is trading in consolidation for 4 days Breakdown of this consolidation zone can give good move till 615.
Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
GLENMARK:- Stock has given breakout, if you want to plan something then let the price come back to 620 then 621, do it after that, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until...
Glenmarka Pharma is looking good if it break if it breaks double bottom pattern it already given a breakout but 688 is strong resistance of it break it then we will expect 100-120 points upside move
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 19th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
