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akumar1057

Glenmark ready for another 30% up?

Long
GLENMARK PHARM (NSE:GLENMARK)  
akumar1057  
NSE:GLENMARK   GLENMARK PHARM
Trend Analysis Wave Analysis Beyond Technical Analysis pharmaceuticals pharmaindex GLENMARK investingopportunity hiddengem
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trendanalysis waveanalysis beyondta pharmaceuticals pharmaindex glenmark investingopportunity hiddengem
Glenmark broke its 4 downward trend in August 2020 and since then it is consolidating around the same levels.

Any thrust upside could be really quick and furious.

Form march lows, it has also taken 32% Fibonacci retracement level, which usually acts as strong support.

We can go long with a target of 680-700 with recent lows as a SL.

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