Glenmark Pharma is trading just 1.65% away from 52 week high of 487.55. Glenmark Pharma broke out from ascending channel with a formation of Cup & Handle kind off pattern.
GLENMARK Attached: Daily Chart as of 31st March, 2023 Bullish Opportunity in Glenmark is clear as Price has Not Only given a CLASSIC CUP & HANDLE BREAKOUT BUT IT is also accompanied by a Squeeze Buy Signal aka the Squeeze Release ! (Note: Squeeze is a volatility and momentum indicator introduced by John Carter, which capitalizes on the tendency for price to...
Looks like a rounding bottom on a weekly time frame. Good to watch if this leads to a good upmove
on crossing fibo level 480 looking for target upto 520 keeping stop based on comfort disclaimer - trade @ own risk
Attached: Glenmark/ Nifty 50 Weekly Chart as of 31st March 2023 This Relative Strength (Ratio) Chart clearly shows the Outperformance of Glenmark over Nifty 50 has Started! The Ratio Chart has given an Inverted Head & Shoulders Breakout with this Week's Candle Close If you compared Glenmark and Nifty 50 both on a Year To Date basis for 2023, then we...
Glenmark Ascending Triangle formation bullish only above 410 closing for tp of 457-460 sl 378 on dc basis
BreakOut - GlenmarkPharma Entry - CMP Tgt 1 - 465 Tgt 2 - 549 SL - 445
Stock Name - Glenmark Pharmaceuticals Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 453 #This is not Buy and Sell recommendation to any one. This is...
As we can see that pharma sector started to trade above 200 DMA, and all pharma companies showing good green colours, follow chart for proper entry and exit. Auropharma worked well as analysed.
Everything is clearly mentioned in the chart. 24 Mar 23 For Learning Purpose.
Glenmark looking good for investment Trend break last swing high and retest it
GLENMARK on Breakout and with good volume; above 445 on Thursday 23 Feb for Intraday gains ------------------------------------------------------------- INTRADAY Trading Strategy based on 3 stages of a breakout: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders"...
Glenmark ready for big upmve abv 455 Massive breakoutt Delivery buy 460 ce MARCH FOR PTIN BUYERS
sell glenmark if crosse below 442 i think the selling will be trigger below 442-440 There Is SHORT covreing going on in glenmark lets see it on next week
Testing the strong resistance line which has been respected so many times earlier with a momentous volume stunner . Expecting a good move
Glenmark is all set to for big breakout bv 445-450 level Abv that can be massive strength 450 ce
Glenmark Buy for Target 480- 500-536- 565- 600- -645- 690+ Sl Below 400 candle closing basis
Glenmark pharma Perfect breakout Ready to move once cross 446 & 452 455 calls