tradewidmufeeth

Glenmark Short Term Reversal

Long
tradewidmufeeth Updated   
NSE:GLENMARK   GLENMARK PHARM
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed near below support zone, 200 EMA & the lower trendline. The target is placed based on fundamentals.
Trade closed: stop reached

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.