GLENMARK trade ideas
Conditional Positional view GLENMARK 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 Rising Wedge Pattern Formation*GLENMARK PHARM*
Time Frame : Daily
Observation:
* Rising Wedge Pattern Formation
* Swing High Brake.
Resistance/Target: 420 439 460 477
Support : 368 352
GLENMARKGLENMARK - 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 Pharma >> Ready to Swing>>> Long & short Trade
Glenmark - Wolfe Wave and Potential CypherGlenmark is near to demand zone but not a significant one, Forming wolfe wave but potential cypher and significant demand aligned at lower side.
GlenmarkHello 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. Confirmation if it sustains above 390.
Good risk reward set up scenario of a higher low formation which could lead to a higher high thereon till its falling trendline
Glenmark PharmInvestment 1 2 year for good returns
Return 100/200%
Good stock
Fundamentals as well as technical
GLENMARK Buy Given a pattern breakout..cup handle or even a Head and shoulders can apply...whatever it is its gone to a new up zone
Glenmark possible up moveGlenmark possible up move broke up and retested the upper line of down trend
SYMMETRICAL TRIANGLE - GLENMARK PHARMBreakout tomorrow; a clean symmetrical triangle
Long or short: Yet to see tomorrow
nse glenamark trade no. 001 making money from the stock market people say that impossible to make constant big profit i will show how could you make money with risk :reward 1:10
GLENMARK LONG TERM 1. Its forming a inverted head and shoulder , chances of stock moving up is higher
Invest as per levels
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Inverted head and shoulders pattern in weekly chartForming inverted head and shoulders Pattern in weekly chart. There is also a head and shoulders pattern in daily! Interesting. Good only for long term investment
inverted head & shoulder breakout patternGlenmark is consolidating in a particular range for more than 4 months it is making inverted head & shoulder pattern, 545.85 is very imporatant fib resistance level for this particular stock if this level breakout and price sustain above this go for long with price target of 604 around 9%.
Glenmark Long Term Analysis1. At crucial support Zone
2. Current price less than intrinsic value
3. Volumetric profile average is 485 and trading near that level
4. Dividend yield of 5%
Outperformers Pharma Sector1. Pharma has bounced back as posted last time
2. Check for stocks forming breakout structure
3. Simple price action with volume analysis
4. Check stocks which is nearest to the breakout , Check for break out confirmation and enter
5. Here are top stocks for invest in till the pharma index reaches top partner the channel
6 like if yij agree with the analysis . 👏
Glenmark Pharma India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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GLENMARK - Watch out for Resistance Break outGLENMARK - Watch out for Resistance Break out
Buy above 550
Intraday Trade: Glenmark - Watch out for resistance break outIntraday Trade: Glenmark - Watch out for resistance break out
Buy above 545. Safe above 550
GLENMARK PHARMALOOKS Good PATTERN BREAKOUT IN GLENMARK PHARMA AT CMP AND GOOS TIME For Swing Trade
YOUR SL -52 0
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Buy Glenmark PharmaceuticalsGlenmark Pharmaceuticals is looking very bullish prior to its earnings.
Daily RSI has formed a huge inverted H&S with a breakout.
Down trendline broken
Price has crossed above 20 and 40 SMA on the daily chart
Three inside up candle pattern formation on the weekly chart
