GLENMARK | Strong support last 13 weeks - Looks good for 45%

GLENMARK | Despite weak pharma sector i see the Glenmark is strong as M&M stock as it is taking good support last 13 weeks
Potential for 45% 😃
CMP : 475
SL : 440
Target : 690
1:5 risk reward setup - Weekly chart hence this a long trade.
Potential for 45% 😃
CMP : 475
SL : 440
Target : 690
1:5 risk reward setup - Weekly chart hence this a long trade.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.