Can take short for intraday. RSI in overbought zone and MACD patterning divergence and also this point is resistance level in daily chart
Glenmark made butterfly pattern on 30 min TF with good volumes. Could be bought with mentioned stoploss & target in 1-2 sessions.
#GLENMARK NSE: GLENMARK CMP: 440 TP: 515 SL: 400 TF: <6m RR > 2 times Return > 17% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising...
Ascending Triangle breakout (7 months duration) Trade active for the target of 470 with SL of 397 (2R)
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . GLENMARK Daily : Stock is in uptrend. 15 min : It has broken Head and Shoulder pattern and it is currently at retest level. *Wait for the bullishness and we could see an upside movement. THANK YOU !!!!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . GLENMARK Daily : Stock is in uptrend. 15 min : It has given breakout of Head and Shoulder pattern and it has also made ascending triangle pattern. *Wait for the breakout and we could see an upside...
Broke its daily trendline after it consolidated heavily near 400 Can enter a long trade with 5% risk at CMP 420, with SL 400 for short term targets of 460, 480 and Bigger Targets of 560, 600+
AS per daily chart and another time frames its showing bearish side if price open below Rs.409 it will down upto Rs.380
Glenmark made flag n pole pattern on hourly charts with good volumes. Could be bought with mentioned stoploss & target
Reason for long a) Consolidation breakout b) vwap support for long c) pharma stocks bullish SL compulsory Duration : 6 months
Glenmark looks like had a blast above 410 level, its just the begining, it wont stop here . Glenmar consolidated for almost 5 months with 2 rejections @ 410 level, finally broke out of it with huge volumes. Could be bought & hold least till the end of november with mentioned stoploss & target.
Glenmark Pharma CMP 413 Buy above 418 Target 480++ Positional/Swing
Glenmark BO after 5 months of creating bottom on key monthly support.
My conditional view on NSE:GLENMARK Best level to take entry is 373. Will hold till target of 397, 409 & 425 Exit if price trade below 361 Note: This is my personal analysis, only for learning. Thanks.
*GLENMARK PHARM* Time Frame : Daily Observation: * Rising Wedge Pattern Formation * Swing High Brake. Resistance/Target: 420 439 460 477 Support : 368 352
GLENMARK - Momentum buildup at major demand zone One can go long with a SL of last swing low.
Glenmark Pharma >> Ready to Swing>>> Long & short Trade