TheStocktrader_Skn

Glenmark breaking out from a structure

Largo
NSE:GLENMARK   GLENMARK PHARM
The Scrip is trying to move out from a range after almost 5 months of consolidation, The Scrip was on a LL pattern on monthly/weekly chart but looking like it is about to break the trend.

For Swing traders

Can initiate longs once price sustain above 410 for a target target of 40 points, SL below 410 on Day closing basis,


#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.


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