EQSIS PRO

GLENMARK PHARMA – BEARISH ENGULFING PATTERN

ENGULFING DATE IS 15 MARCH 2016.  THE HIGH OF THAT DAY IS RS 843.60 WHICH IS THE STOP LOSS POINT.  THE LOW IS AT RS 807.90 WHICH IS THE ENTRY POINT ON 16TH MARCH.  THE DIFFERENCE BETWEEN POINT A AND B IS DEDUCTED FROM THE ENTRY POINT TO ARRIVE AT THE TARGET WHICH IS RS 772.20. 

Exit mobile version