Glenmark – Bullish above 748 SL 702 – EQSIS PRO

Tagged: Glenmark - Bullish, Triangle pattern

This topic has 1 reply, 2 voices, and was last updated 8 years, 7 months ago by Balaji.

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August 24, 2015 at 6:47 PM #6628

santhoshkumar
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Rank: Level 6

Forming triangle pattern with good volume.

Trade plan: Symbol: Glenmark – Direction – Buy above 748 SL 702 and target 820

October 4, 2015 at 9:47 PM #11310

Balaji
Participant

Rank: Level 5

Dear Sir,

From your analysis, I noticed that the duration for formation of 5 wave corrective pattern is only 30 days.

As per the triangle pattern condition, at least it should take 45 days to form.

Kindly request you to check with Mr.Murugan sir. Please educate me, if I am wrong.
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