GLENMARK - Bullish Engulf with high volumes
GLENMARK is looking to break out after a long consolidation with a Marubozu Bullish Englufing candle combined with volume increase.
After a brief downtrend, the stock is now poised for a reversal and can give a return of 12-16% on deployed capital in this swing trade.
The view is to be discarded in the even of the price action breaking down on the previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
After a brief downtrend, the stock is now poised for a reversal and can give a return of 12-16% on deployed capital in this swing trade.
The view is to be discarded in the even of the price action breaking down on the previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
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