Glenmark Pharma: Same system Was waiting for a breakout!

٢٢ يونيو ٢٠٢٠

Glenmark, just as my previous posts had a bullish divergence in the monthly chart! We were bullish since April end! The wait for a breakout happened this month and after a retest, It was a confirmed buy! Check out the charts, check out my last posts on motherson, infy, Dr reddy! They all had a similar setup! Now Glenmark has broken the Downward channel and this can be good in long term.
People who have missed it, you can enter on the retest of the channel.
GLENMARK