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
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INR 250 is already covered. Another 250 to go !
All the best!
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Trade closed: target reached
Beyond Technical AnalysisGLENMARKglenmarkanalysisglenmarkpharmaglenmarkshareglenmarktrendHead and ShouldersTechnical Indicators

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