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GLENMARK PHARMACEUTICALS LTD.

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GLENMARK trade ideas

GLENMARK - ready to fly for 15%DISCLAIMER: As a trader, you should consider your own risk: reward ratio and do proper lot sizing according to your margin and leverage level. This analysis is a trading idea, not a trading signal for you. Consult your financial advisor before making any trade. My own trend direction estimation, entry point, stop loss and take profit levels are on the chart. Please like, comment, and subscribe; if you find value on my analysis and/or liked my strategy. Good Lucks.
NSE:GLENMARK
by IndianStocksFox
470 POINT OF NO RETURN Just a quick update on the earlier graph this looks like has flipped 457 into support successfully and tested it several times. 470 is where i see this breaking the downtrend and exploding up to 490 at the least after dipping back to retest 470 breakout zone. lets see how this plays out in the morrow . buy on the retest or the if it dips on open. just keep in mind the levels and avoid shorting this unless you are really fast... goes without saying SL tad below 457 . Since its Freaky Friday expect anything though i feel we go up...
NSE:GLENMARKLong
by CompoundingGain
GLENMARKNSE:GLENMARK CAUTION - Chart on small time frame After the upmove, its trying to take suport around 442.50 and reversing, so if anyone holding it, can consider the levels given and trade accordingly. ********************************************************************************************************************************************* Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************
NSE:GLENMARK
by akkshay11
1
Big Moves coming up...Anyone fancy a quick 25% hop onto this 574 up next and should flip that since it is a break from the long term downtrend line IF it happens . 422 lower support for this so any dip on this would be a good entry since the cure and current orders with them should easily blast this through. Nifty looking to bounce as well in my opinion 11350 would be nice so eyes on this for a intra day opp.. buy on the retest if it does break out or hop on straight away and enjoy the ride
NSE:GLENMARKLong
by CompoundingGain
Lets flip 574 then go on to 699Looks like a big move is incoming , 444 dip is where i'm looking to load up on a swing . last time it was at this level 22nd of June , it did a crazy move to blast off but the retest did not hold so this attempt at the long term downtrend line should be successful unless 3rd time is a charm. Targets on the chart . HTF chart posted way back so can check that to see the downtrend line and macro outlook . Nice Intra day opp , may set up for a Tuesday lift though i think the force is strong with this one. FabuFlu effect? As always playing the levels and may jump in on breakout.. lets see what Monday brings us.
NSE:GLENMARKLong
by CompoundingGain
2