#GLENMARK.....long term inverstment call 🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲 All levels given in charts Longby trading_facts96Published 1
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2 Stop loss can be Trail when it make new box / Swing. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.by AnsariTVPublished 1
GLENMARK S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthoshPublished 0
Glenmark Pharma view for Intraday 24th September #GLENMARK Glenmark Pharma view for Intraday 24th September #GLENMARK Buying may witness above 1740 Support area 1720. Below ignoring buying momentum for intraday Selling may witness below 1699 Resistance area 1720 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithraPublished 1
Glenmark Pharma Darvax BoxRSI above 60 daily / weekly / monthly Pharma Index reversed from 40 RSI on daily chart High 1070 expected level 1262 support 1020 Stock above 9 EMA (you can trail profit ) Longby ManojTembulkarUpdated 6
Glenmark (monthly chart)Glenmark Monthly Chart Cup Pattern break out support 1256 expected level 2362 RSI above 60 Daily / Weekly / MonthlyLongby ManojTembulkarUpdated 4
Glenmark Pharma view for Intraday 27th August#GLENMARK Glenmark Pharma view for Intraday 27th August Buying may witness above 1705 Support area 1670 Below ignoring buying momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithraPublished 2
#GLENAMRK PHRMA WEEKLY BREAKOUT #Glenmark Buy level as how in charge. Short term idea:- hold for position Educational Purpose Longby PJVFINANCIALPublished 1
GLENMARK PHARMA S/R for 16/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthoshPublished 3
GLENMARK LIFE SCIENCES These are swing ideas which you can add your watchlist and analysis for yourself ! Keep on your radar!Longby RahulAyarPublished 4
Glenmark Pharmaceuticals Limited - Breakout Setup, Move is ON...#GLENMARK trading above Resistance of 1262 Next Resistance is at 1943 Support is at 970 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohliPublished 2
Glenmark Pharma (NSE) Bullish Trend with Resistance BreakGlenmark Pharma has demonstrated strong bullish momentum, breaking above a significant resistance level at 1263.20. The uptrend is supported by a well-defined ascending trendline, indicating continued upward movement. The stock's volume has also shown a noticeable increase during the breakout, further confirming the bullish sentiment. Trade Setup: Stop Loss (SL): 1250 Take Profit (TP): 1400 Glenmark Pharma's technical breakout, supported by increased volume and a strong uptrend, makes it a promising buy. Follow us to get the latest updates.Longby GlobalMarketGuruPublished 0
Bullish view on Glenmark Bullish above 1275+ SL 1095 Target 2370+ Time duration 7-12 months approx not fixed Disclaimer -We are not responsible for your profit and loss, it's only for education purpose analysis Longby bishnoiopPublished 1
Glenmark Pharma AT ATHStock:-Glenmark Pharmaceuticals Ltd. Sector:-Glenmark Pharmaceuticals Ltd. Glenmark Pharma is Trading @ALL TIME HIGH Rangeby varunmp2087Published 0
GLENMARK PHARMA S/R for 2/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthoshPublished 0
GLENMARK PHARM BBRAKEOUT ON DAILY CHART NSE:GLENMARK GLENMARK PHARM Gives brake out on daily chart. Buy near 1200-1220 SL 1110 Target 1330+ Time Duration 15 - 20 DaysLongby Option_PremiPublished 0
Glemark idea | Key levelsGlemark idea | Key levels ( Probabilities ) Glenmark to remain bullish above the trendline Targets - 1233/1256/1303/1335/1414/1525 stop loss - 1116 Longby XDataAnalystUpdated 8
GLENMARK : ALL TIME HIGH BREAKOUT / CUP BREAKOUTGLENMARK is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at GLENMARK's ATH price + 4% (1,313.40) Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (1,050.70) or Weekly Swing Low. Targets: First Target: 1,913.45 (Fibonacci 1.618 level) Second Target: 2,364.15 (Fibonacci 2 level) Third Target: 3,465.40 (Fibonacci 3 level) Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1% The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits. The position sizing ensures that you are not risking more than you can afford to lose. Disclaimer: This trading strategy is for informational and educational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions. Additional Notes: Consider using technical indicators and chart patterns to refine your entry and exit points. Monitor market conditions and adjust your strategy accordingly. Practice risk management techniques to protect your capital. Please let me know if you have any other questions.Longby lalitcpanchalPublished 1
Glenmark Pharma looking bullishGlenmark 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 chartLongby Hobbytopassion_ManishJainUpdated 4420
Glenmark pharma short term view.glenmark pharma has completed bull run of 5 waves and now its in a correction zone which is in 3 waves, out of which one wave is completed as per my analysis, so it can be longed immidiately with a strict stop loss and target ..... Also risk reward is very favourable for ultra short term view.Long00:34by GeetarthUpdated 1
Head and shoulderA very known and famous pattern (The chart is an old one whose target is almost reached Dont mind that) It has to shoulders or more (Small dips) and one head target is the distance between head low and neckline.Educationby BeepBoopv2Published 2
Glenmark Pharma Long 4-6 monthsGlenmark Pharma is forming cup and holder chart pattern on monthly chart. Recovering from last six months strongly with bullish candles. If the pattern continues, then expect to reach 900 which is a previous resistance level. Happy Investing…Longby kshiraskUpdated 0