Glenmark Pharma has completed a long-term inverted Head & shoulders pattern. It is now looking bullish with an upside move of INR 500 from current levels. Almost 2x. At present it is at the 0.5 resistance level of the Fibonacci chart
This stock breakout round bottom breakout and ATH level breakout so TGT will be 1067,1226,1499 and this is only for educational purpose only
Glenmark - Elliott Wave Count the market seems like near wave B. we can expect one more impulse move upward and then the market likely to fall to wave C. Please note that this information is for educational purposes only, and it is crucial to trade with caution. NSE:GLENMARK NSE:GLENMARKZ2023 BSE:GLENMARK
Greetings Folks, today i have prepared a setup of GLS on NSE the analysis is as follows - price is in a range structure right now - we are looking for a breakout in upper side - if the price opens with gap up, better to enter at minor retracement - if price dont breaks the range by noon, we wont initiate the trade dont play with fire, always use a predefined stoploss
Wave 1 and 2 are both 3 wave sequence structures and Wave 3 will be a 5 wave sequence structure as wave 2 has closed by reatracing wave 1 by more than80% and less than 100% which suffices the rules of wave 1 and 2 Price has formed a 6 Month Demand and the Target is derived as per the FIbo ratio of 161.80% which gives a Reward : Risk ratio of 16.8:1 ENJOY THE...
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
gleanmark has gave a breakout from the trendline and wait for the break high .
447 above glenmark breakout Chart for educational purposes only
#IPCALAB NSE: IPCALAB CMP: 864 TP: 980 SL: 840 TF: <6m RR > ~4.5 times Return > 13% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE...
#ASTERDM NSE: ASTERDM CMP: 225 TP: 300 SL: 200 TF: <6m RR > ~3 times Return > 33% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE...
#BIOCON NSE: BIOCON CMP: 267 TP: 320 SL: 250 TF: <6m RR > 4 times Return > 20% 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...
#AUROPHARMA NSE: AUROPHARMA CMP: 437 TP: 535 SL: 400 TF: <6m RR > 3.5 times Return > 22% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest...
#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...
#CIPLA NSE: CIPLA CMP: 1128 TP: 1250 SL: 1080 TF: <6m RR > 2.5 times Return > 11% THYROCARE CNXPHARMA LUPIN NSE: CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest...
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...
Glenmark Pharma CMP 413 Buy above 418 Target 480++ Positional/Swing
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.