Get started
GLENMARK PHARMACEUTICALSGLENMARK PHARMACEUTICALSGLENMARK PHARMACEUTICALS

GLENMARK PHARMACEUTICALS

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

GLENMARK trade ideas

GLENMARK is an excellent positional BUY!After completing the 5 leg(12345) down move, stock is in ABC correction.......I have reason to believe that the B leg of correction is over and the C leg will stat any time now......the C leg will take the stock to 1027 level.....notice that 161.8% fib extension of A leg lines up exactly with 78.6% which incidentally is the termination point of CYPHER pattern in the making.....This is a positional call.......buy after seeing a bullish set up in lower time frames....buy in small quantities and accumulate as it moves up...
NSE:GLENMARKLong
by Nattyshotstocks
Positional or Longterm Opportunity in GlenmarkGo Long above 456.85 for Targets of 499.6, 542.35, 585.1, 627.85 and 670.6 with SL 414.1 Reasons to go Long : 1. On a Weekly 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 from 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level. 3. In addition to this there is a strong support zone (marked with purple color), from which the stock is taking support and moving up.
NSE:GLENMARKLong
by Nimish_Ghagare
[ INTRADAY ] GLENMARK LONG BET 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 all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********
NSE:GLENMARKLong
by Palkesh_Agrawal
watch for head and shoulder and support breakdownshort below 439 in intraday For stoploss in Intraday use 5 minute chart and see nearest resistance. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapdown or bd before 9:20 If gapdown is more than 1% from bd level than avoid completely. if less than 1% or gives bd before 9:20 than wait for first 5 minute candle and entry below 5 minute candle and revised SL above candle high.
NSE:GLENMARKShort
by stockkar