Sunandamedi

Sunandamedi

THE MOVEMENT OF THE PRICE SUGGESTS THAT..... SOME ONE IS GETTING DOWN IN A PARTICULAR FASHION.

Sunandamedi

AT THE LOWER LEVEL OF THE CHANNEL.

Sunandamedi

PRICE IS MOVING IN A DOWNWARD CHANNEL. SET YOUR OWN STOP LOSS. BUT, DO NOT ENTER LONG IN THIS SCRIP.

Sunandamedi

FROM THE WICK OBSERVED IN THE TRADING PATTERN, ALGO TRADING IS HAVING A LOT OF EFFECT ON STOP LOSS SET. CAREFULLY SET THE STOP LOSS.

Sunandamedi

PLEASE DO NOT SHORT AS THE CHART SHOWS A LOT OF ACCUMULATION BY SOME BIG PARTY.

Sunandamedi

WAIT FOR THE C & H BREAK OUT.

Sunandamedi

ON TRADING ABOVE 8.80, TARGET IS 9.80.

Sunandamedi

TRADING ABOVE 635 WILL SEE THE ABOVE TARGET.

Sunandamedi

OBSERVATION FROM THE CHART.

Sunandamedi

SINCE THE OBSERVATION IS DONE ON DAY CHART, A BEAUTIFUL BREAK OUT IS EXPECTED WITH TARGET OF 320. TRADE WITH A PROPER STOP LOSS.

Sunandamedi

THE PRICE IS MOVING IN A BAND.

Sunandamedi

REVERSAl is expected, any time.

Sunandamedi

PLEASE SEE THE COMMENTS.

Sunandamedi

MY UNDERSTANDING FROM THE CHARTS IS THAT THE PRICE SHOULD REACH 2088 (POSTED IN MY PREVIOUS POSTS). WOULD NOT THINK TO ENTER LONG AT THIS STAGE.

Sunandamedi

PLEASE LOOK INTO THE CHART FOR COMMENTS.

Sunandamedi

PRICE IS MOVING IN DOWNWARD CHANNEL. IF THE SAME TREND CONTINUES, THEN TARGET MAY BE PLACED AT 759. IF IT IS ABLE TO MOVE BEYOND 828, THEN 860 IS THE TARGET ON HIGHER SIDE.

Sunandamedi

SALES ARE GOOD AND Q2 RESULTS NEARBY, GLENMARK PRICE IS EXPECTED TO MOVE UP.

Sunandamedi

PLEASE SEE THE COMMENTS AS PER OBSERVATION FROM THE CHART.