GLENMARK trade ideas
765 Sustanance above 385, may emerge w3 burstBut chance of burst is less;
best long term buy at 355 with SL
Trade #990 SAN. Does the history repeats for microtargets
Disclaimer:
Trading is risky. Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid.
Bearish Bat Sell PRZ 652-655 SL 665 TARGET 633/621Bearish Bat Sell PRZ 652-655 SL 665 TARGET 633/621
Glenmark, Double TopDouble Top pattern. One may keep a small SL and go short. 660 can be the short term target.
Any comments ? Glenmark chart seems to be following the same pattern as shown in the chart.
link to my previous analysis is here.
we can see another leg down up to 624.
*****THIS IS JUST FOR EDUCATIONAL PURPOSES NOT A TRADING ADVICE . DONT FOLLOW MY CHART ANALYSIS FOR YOUR TRADING DESCISIONS *****
Glenmark - Ready to fly?Glenmark is sitting on right positions. There is 2 things consider to be Notice.
1- Falling Wedge in a week time frame. It's a bullish breakout pattern We just need to wait for the confirmation only.
2- Second is there is the idden bullish divergence which is also a bullish pattern..
Glenmark PharmaTrendline break showed change in trend from up-trend to down-trend, so the current rally should only be a counter rally, and price should continue with the down-trend from here.
