CLOSED

GLENMARK
Manually Closed

571.6 20.51%
Close Price
(2021-04-20 10:24:58)
474.3
Entry Price
(2021-03-03 09:55:00)
660
Target Price
 
418
Stoploss
 
Enter at below 474.45 | Created on 2021-03-03 04:23:11 and valid till 2021-05-11 18:30:00

Trade rationale

RSI

Weekly: Stock has given a breakout from a downward trendline and consolidating in a small range. The breakout from Consolidation and 0.382 fibonacci retracements will be at 582 after which room for 660 and 712(0.5 Fibonacci retracements) will open. Daily: Stock is taking support at 450 levels and will gain momentum once the previous Pivot 511 is crossed.