🌟 Stock Alert: GlaxoSmithKline Pharmaceuticals Ltd 💊 Don't miss out on this buying opportunity! Glaxo (NSE: GLAXO) is showing strong potential! 📈 🎯 Buying Range: Rs. 1930-1830 📊 Investment Highlights: 🔄 Retesting monthly support levels ✅ 💼 Best buying opportunity 💰 🚨 Disclaimer: Investing involves risks. Do thorough research and consult a financial advisor....
We are at neckline we might see an end to corrective wave A as market is not that bearish buy with a small stop of 50 rs in the days to come we have a target of 2700 to 3000 for 5th wave as the stock might accumulate for next 1 to 2 month before any meaningful impulsive wave. A cash rich company with good dividend and bonus track record.
NSE:GLAXO has given a solid breakout in weekly charts from a cup and handle (C&H) pattern which evolved over nearly 8 years. This is significant technically. Disclaimer: Use this only as analysis and do your own due diligence for buy/sell decisions.
triangle formed ....recent breakout from base medium to long term target wuld be around 1750
glaxo Pharma looking bullish because trand change to positive with EMA crossover 50 EMA crossed 100EMA.
after bottoming out at 1240 share is showing positive movement and fibo ext is showing a target of 1740-50 .
GlaxoSmithKline Pharmaceuticals Ltd is an Indian research-based pharmaceutical and healthcare company. Their product offering include vaccines, speciality medicines & general medicines. Its prescription medicines range across therapeutic areas such as anti-infectives, dermatology, gynaecology, diabetes, oncology, cardiovascular disease and respiratory diseases....
Glaxo breakout expectation Please follow strict risk reward and stop loss if you follow my levels... Charts for Educational purposes only Thanks, V Trade Point
Glaxo view triangle formation for today 14th Feb Buy chance above 1268 Sell below 1225 Follow strict risk rward and stop loss if u follow the level Charts for Educational purposes only Thanks, V Trade Point
Supply emerged around 1800 in Dec'21 Plan ahead, to Purchase Breakout above 1500 or, rejection indications near 1200 PB 8x PE 13x ROCE 33% Div 6%
GLAXO LONG Long term triangle formation. Now near breakout levels. With targets of 2100 in medium term. No recommendations, just view.
Glaxo giving a breakout with a less than 61 % Fib retraction. Im entering at 1770 with a view to exit at + 6 %.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2.5:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Still price is in Resistance, good bet is once the price resting the pattern support line
Glaxo has BO'd from triangle pattern...it has been falling since some time, and IF IT CROSSES THE 200 EMA with good volumes in coming days, then i would take a position, not before that...because it could hit the 200EMA and slide down again. This is an idea, not a recommendation...remember the broader market has been falling too since a few days so be cautious.
Big Green and small red candles. Support on Trend line. Small red candles with lesser volumes. The trade has good risk reward
GlaxoSmithKline has crossed MACD signal line today and is close to reaching MA80: 1. we can target it for 1-1.5months , and 2. If it crosses MA80, it should be a 6-9months target