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
Glenmark witnessing a rising trendline breakout on the daily timeframe.
Buy NSE:GLENMARK CMP 1006 TP 1123 SL 919 Glenmark Pharmaceuticals Ltd. is a holding company, which engages in the development, manufacture, and marketing of pharmaceutical products. It operates through the India, North America, Latin America, Europe, and Rest of the World geographical segments. The company was founded by Gracias Saldanha on November 18,...
Take 10% risk from your capital, Once market Move Half way, you have to make the stop loss to its entry point, This will be1:2 risk reward ratio, You can also close 50% trade once it reach 1:1 then the rest of the position you can close once trade reach 1:2
GLENMARK - Analysis Note : Keep trailing stop or partial book profits as Pharma stock can show big movement owing to to global news. Buy Above :- 813 and add more above 855 Investment Stop loss - 710 Keep trailing stop or partial book profits as Pharma stock can show big movement owing to to global news. First Target - 896 to 913 Second target 940...
Glenmark Pharma is forming cup and holder chart pattern on monthly chart. Recovering from last six months strongly with bullish candles. If the pattern continues, then expect to reach 900 which is a previous resistance level. Happy Investing…
Multiyear breakout in glenmark pharma, as per my view and study it may go up to 1050 and 1260 Stop-loss is close below 690 in weekly chart profit 1:1.5 ratio n 1:2.5 ratio. My views r only for educational information n knowledge purposes not to trade
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
This is example of identity. head and shoulder chart. which made on Glen Mark one month chart the possibility of going up is really strong. how much time it took to create that much big profit chance will be there.
📢Trendline broken stock📢 If stock price 794 this leval broken and day closing above than bullish movement see in coming days! These are swing ideas which you can add your watchlist and analysis for yourself ! Keep on your radar! This content only education purpose! ❗I am not sebi ragister❗
GLENMARK PHARMA LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Bullish Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 875+. ✅Can Go Long in this stock by placing a stop loss below 745-.
Let's see how it performs. Right now I am bullish on the script so will look for long entries
Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Glenmark Pharma Good for possible long upside for 1 : 3 RR SL of 20 rs. Swing highs mark the upside resistances and trendline zone is acting as support.
Glenmark at 792 - 793 is looking good with Stoploss 780 Target 820, 840, 860 Low Risk High Reward Opportunity... MACD is turning Bullish on Hourly Chart...
Glenmark breakout with huge volume, can do 950 in short term, kee the stoploss at 936 on closing basis, add this in 3 parts because market is so volatile nowadays
GLENMARK Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 830+. ✅Can Go short in this stock by placing a stop loss below 750-.
GLENMARK we can expected upto 1800 RS in 6 to 8 months timeframe, current it will break & retested the support, We can expected good move..
After a bull run stock make Double Top candlestick pattern on chart top. Price Break doubletop neckline, if confirmation is done price approx down approx -8%. Good setup for short trade. Also price break 20Dema Macd bearish crossover Double top target and 50Dema almost a similar price little bit differce. Disclaimer:- This is my personal view for education...