Closed 340.20 with strong volume Short term first target 370 - 375 Second target - 400+
we can see good move,in upcoming session, take decision after clear direction.
IF STOCK CLOSES ABOVE TREND LINE WITH GOOD VOLUME THEN LONG POSITIONS NEED TO BE TAKEN
sell below 344.30 for safe trade also 5+ confirmation go short follow for more
GLENMARK ANALYSIS MONDAY 18TH MAY 2020
BUY GLENMARK (Glenmark Pharmaceuticals Ltd) ABOVE 365
GLENMARK (Glenmark Pharmaceuticals Ltd)BUY ABOVE 336
I am expecting it to continue its Trend and the as per market Structure Shift, the Correction should be ending here, anyone trading Harmonic Pattern (BAT Imo) to short , should close their trade here, on First Target and look for long opportunity, Looking for this positional Trade for next 2 months. DM me on Telegram : @wowitstony : all info shared is just my...
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 342
GLENMARK (Glenmark Pharmaceuticals Ltd) SELL BELOW 341
PIN AT STRONG RESISTANCE SELL BELOW 644 with sl 656 target 638- 630
Glenmark chart seems to be following the same pattern as shown in the chart. link to my previous analysis is here. we can see another leg down up to 624. *****THIS IS JUST FOR EDUCATIONAL PURPOSES NOT A TRADING ADVICE . DONT FOLLOW MY CHART ANALYSIS FOR YOUR TRADING DESCISIONS *****
Glenmark is sitting on right positions. There is 2 things consider to be Notice. 1- Falling Wedge in a week time frame. It's a bullish breakout pattern We just need to wait for the confirmation only. 2- Second is there is the idden bullish divergence which is also a bullish pattern..
Have bounced from oversold area and seems to be making more positive upmoves. stockdada.com
Will look to enter a long position depending on price action