Have bounced from oversold area and seems to be making more positive upmoves. stockdada.com
NSE:GLENMARK Has a pullback trade possible. The target is 715.
Bullish reversal shown by blue Stochastic line trying to cross above the red one... base formation at 560... Long for expiry till 26-07-2018 Target - 582 - 588 Stop loss- 555 Disclosure : for eductional purposes
Two/three signs of trend reversal and probable confirmation. After trading below 200 DMA in June 2017, the stock was under strong bear grip. At present it moved above 200 DMA and 50 is crossing 100 DMA which is one more sign of trend reversal. Another confirmation will come when 50 will cross 200. Due to Negative Divergence, price may halt at the present level....
Pharma industry is showing meaningful signs of reversal. Glenmark chart is worth studying for investment. Coming up from the lows and reached above 200 DMA. Now: a) 605 is a strong resistance, so some correction may be coming, b) 50 DMA is about to cross 100 DMA on the upside. So if correction comes one may like to buy for long term. 50 crossing 100 will take...
Glenmark Weekly Buy Follow SEBI rules Study purpose chart
RSI Depicting oversold conditions. strong support at ~520. approaching crossover on a weekly scale. Strong Signs of an upcoming Bull run. Take Profits: 640 730 900 1045
STRONG SUPPORT 858 DO NOT TRADE PLEASE JUST LEARNING
BIG LEAP BUT THAN GLENMARK IS IN THE AIR AND NEEDS TO FIND GROUND TO HOLD ITS FEET. SUPPORT AT 923.80
GLENMARK SELL AT 838 TARGET 800 STOP AT 860
Will look to enter a long position depending on price action
STOCK TOUCHED ITS RESISTANCE LINE AND REJECT FROM THERE, RSI ALSO SHOWING BEARISH VIEW SO ITS TIME TO SELL DIS STOCK.ENTRY STOP LOSS AND TARGET ON CHART. IF YOU AGREE WITH MY VIEW THEN PLEASE HIT LIKE I REALLY APPRECIATE THAT. TRADE WITH CARE. REGARDS KING999