I RECOMEND TO BUY GLENMARK BUT WAIT TILL IT CROSES THAT ZONE ON UPPER SIDE. HERE ARE THE REASONS
1.IT IS FORMING A DOUBLE SIDED TRIANGLE IF IT BREAKS ITS A CLEAR BUY.
2.PREVIOUSLY THAT ZONE ACTED AS STRONG RESISTANCE AND SUPPORT.
3.IN INTRADAY UPPER SIDE OF TRIANGLE ACTING AS A VERY STRONG RESISTANCE.
*SO WAIT TILL IT BREAKS THAT REGION AND IT IS A CLEAR BUY*
I CAN SEE CHANCES OF BOTH UPWARD AND DOWNWARD MOMENT......
IF IT CROSSES THE RESISTANCE IT WILL SURELY GO AND MAKE HIGHER HIGHS......
IT CAN ALSO MAKE DOUBLE TOP AND BOTTOM SO WAIT TILL IT CROSSES NECKLINE DURING DOWNWARD MOMENT AND SELL......
