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..
Please consider checking that idea for Apollo hospitals. I can see a Hidden Bullish Divergence in a daytime frame also sitting on their support. I can see a sharp bull trend is coming in a couple of weeks.
What is a Hidden Bullish Divergence?
When value makes a higher low (HL), look and check whether the oscillator does likewise.
In the event...
Please check both of idea. Gail is sitting on support in a week time frame and H&S pattern formed in a day time frame which a clear indication that this support is going to break out in a couple of weeks.
I am sharing my Idea for Reliance Industries. Reliance is about to make " Pennant" Bullish breakout pattern in a day time frame. we Just need confirmation.
What is Pennant Pattern?
Pennant is a short-term continuation pattern. It is created when there is significant price movement in the stock, i.e. strong volume rally on the back of positive...
This stock is damn good as FA analysis so I consider adding some stocks in my longterm bag. Consider following my idea to invest into it and learn the basics of how to manage our risk and money when we are investing in long-term.