GLENMARK PHARM 1D: Investment strategy explained in chart

16 thg 11, 2019

GLEANMARK PHARM seems to be find out the bottom as suggested by Elliott waves. Also exhaustion gap and breakaway gaps found along with divergence in price and RSI. Good for investment (long) for both short and long terms.
CMP: ₹301
Target: Short term 1 year: ₹600
Long term 5 years: ₹1200

16 thg 11, 2019

Ghi chú

In this case RSI is used only fire divergence purpose

18 thg 11, 2019

Ghi chú

Today it registered 15% high

18 thg 11, 2019

Ghi chú

Today Closed at 366. A gain of 65 points or 21.50%