GLENMARK trade ideas
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...
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.
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do your bit of research.
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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
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.
Rejection from Resistance #Nifty GlenmarkLong wick at weekly resistance denotes a good resistance, my view is quite bearish for this stock.
Clear today for trade from its yesterday rangeIt was not so difficult to trade this, as if stock was in tight range for last 6 hours then next day has to be trending and here are its results , self explanatory.
6 Hours of trading in tight Range Last 6 Hours this Stock is trading in Tight Range ,for sure it will give a good breakout in near term, be vigilant and earn .
370 or 574 first?This sweetheart played out to perfection and now has understandably got a new generation of bag holders who my guess is might have cut their losses and moved on .
The market cap for this has grown some insane amount however i feel an entry here with a tight SL at
418.45ish maybe and we breakout to the upside.
Shall see how this plays out on the open loose this support at 422 where we bounced so nicely from
Then i'd be concerned and buy back later maybe at 371.
This is still India's first vaccine trial for COVID and may just give us 699 so bag holders hang in there!
Trend Reversal in GLENMARKProfit booking was seen in GLENMARK in the last week, huge rejection from higher price and formed a longer wick at upper side of the candle. followed by big bearish candle on weekly basis. wait till this week further correction expected, observe price action at 410 if it falls below 400, 360 is good to price to enter.
Todays performance report 01 July 2020Todays performance report 01 July 2020
Dear traders it’s great to be here sharing ideas and thoughts with each one of you.
Coming back to business, we have given 2 recommendations today
1. GLENMARK sell @ 430 - targets reached profits made
2. Jublfood sell @1713 - targets reached profits made
Our total 2 signals today (given to subscribed clients) each signal reached targets and achieved profits for your clients. Here on this trading view platform we are however posting few signals to check our accuracy.
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GLENMARK 01 JULY 2020GLENMARK 01 JULY 2020
SHORT-SELL 2/3 LOT OF GLENMARK @ 430
Dear traders kindly follow our signals for maximum profits, our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Dear traders kindly follow our signals for maximum profits, our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
