Glenmarked bottomed out??Weekly support at 630 and 570 buy on dips.. downside less. safer bet in a tough part till the elections..
maybe slow and steady mover
NOTE: this is not trading/investment idea. do your own analysis
not invested.
GLENMARK trade ideas
MyAlgo : xMRSI-Progresser: Intraday : 21Sep-Glenmark-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 21-Sep-2018 for Glenmark
Sell Below(5Min candle close): 669 for targets -
T1: 664
T2: 661
T3: 657.8
SL: 674.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Glenmark
closed above 9MA and 50 MA
test weekly high of 716 once again
tenkon above kijun
chikou free
above cloud
long above 695
target 710
short if below 675
target 660
Glenmark Pharma Breakout-Stock breaking out of a bullish falling wedge.
-Bullish divergence on RSI and Stochastic at the bottom.
-MACD moving above 0.
-Bullish volume action.
Not an investment advice. Do your own due diligence.
Glenmark - Safest Buy in turbulent markets Stocks seem to be making a round bottom formation over the year and breaking out of this pattern.
Buy with a stoploss of 671 Target of 409 718. Longterm targets are 940.
glenmarkglenmark is breaking an important trendline upward.
though this chart is posted to show many patterns like rectangle , channel, flag, h&s pattern
and how they work in a trendling market.
Glenmark - Breakout PossibleThere is possibility of Glenmark breaking the last 3/4 day trading range. The volume is quite substantial and the last hour of trade has been marking up the price. Generally late afternoon strenght tends to have a follow up the nxt morning. THe pharma sector is trending so momentum will support the rally.
Glenmark | Possible Reversal ZoneGlenmark completing harmonic pattern. Can be shorted in the zone with SL above 690CB
GLENMARK Long...GLENMARK break the trend to enter the trade TP mention on the chart
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
READY to turn and start UP move..At very strong support level on W chart. SRI showing great divergence and breakout of channel on D. Don't miss..
Glenmark1) CNX Pharma broke out
2) Breakout in Glenmark from H&S pattern
3) Deal with True North and tie up in Australia and China for its new molecule which are under clinical trial
Glenmark PharmaPopular sector. On the verge of a breakout, also crossed the 200EMA which is always a powerful trigger if it sustains on Monday. #watchlist
