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...
Broke its daily trendline after it consolidated heavily near 400 Can enter a long trade with 5% risk at CMP 420, with SL 400 for short term targets of 460, 480 and Bigger Targets of 560, 600+
AS per daily chart and another time frames its showing bearish side if price open below Rs.409 it will down upto Rs.380
Glenmark made flag n pole pattern on hourly charts with good volumes. Could be bought with mentioned stoploss & target
Glenmark looks like had a blast above 410 level, its just the begining, it wont stop here . Glenmar consolidated for almost 5 months with 2 rejections @ 410 level, finally broke out of it with huge volumes. Could be bought & hold least till the end of november with mentioned stoploss & target.
Glenmark Pharma CMP 413 Buy above 418 Target 480++ Positional/Swing
Glenmark BO after 5 months of creating bottom on key monthly support.
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.
*GLENMARK PHARM* Time Frame : Daily Observation: * Rising Wedge Pattern Formation * Swing High Brake. Resistance/Target: 420 439 460 477 Support : 368 352
GLENMARK - Momentum buildup at major demand zone One can go long with a SL of last swing low.
Glenmark Pharma >> Ready to Swing>>> Long & short Trade
Glenmark is near to demand zone but not a significant one, Forming wolfe wave but potential cypher and significant demand aligned at lower side.
Hello and welcome to this analysis Glenmark after consolidating near its monthly support attempted a fresh upmove from 350 to 400, Post that it has made a sideways corrective forming a Bullish Harmonic ABCD. The current reversal from 375 could be a higher low of the new uptrend in it and it could rally till 410-425-450 as long as it does not breach 374....
Investment 1 2 year for good returns Return 100/200% Good stock Fundamentals as well as technical
Given a pattern breakout..cup handle or even a Head and shoulders can apply...whatever it is its gone to a new up zone
For long term I am seeing a downfall in #GLENMARK in coming future irrespective of overall market direction. CMP 437 Possible support levels 367, 270, 200 Reasons behind this view: 1. Head & Shoulder 2. Downward Trendline 3. Crossed below the crucial level based on SMART Players
Glenmark possible up move broke up and retested the upper line of down trend