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GLENMARK PHARMACEUTICALSGLENMARK PHARMACEUTICALSGLENMARK PHARMACEUTICALS

GLENMARK PHARMACEUTICALS

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GLENMARK trade ideas

GLENMARK - AnalysisGLENMARK - Analysis Note : Keep trailing stop or partial book profits as Pharma stock can show big movement owing to to global news. Buy Above :- 813 and add more above 855 Investment Stop loss - 710 Keep trailing stop or partial book profits as Pharma stock can show big movement owing to to global news. First Target - 896 to 913 Second target 940 Strong Levels and third target - 973 to 976 Please do your due diligence before trading or investment. Thank you.
NSE:GLENMARK
by PrashantTaralkar
Glenmark: Trap in the making ???- We have analyzed the price action of Glenmark since 2017 on a weekly TF. - Given that the resistance has been tested multiple times, we as investors will expect it to be weak and a break will mean an up move. - The fact that Glenmark has given a parabolic move of 63% makes it contradictory - If you look at the PE ratio, The PE is up like a mountain making its valuation steep - As they say, the stock market is a paradox. The signals will always contradict. - I would personally wait for the break and see if the price sustains. I stay biased on red. What are your thoughts? Feel free to comment. And, If it helped, Do Leave us a boost👍. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
NSE:GLENMARK
by TheChartereds
4