GLENMARK PHARMA

GLENMARK PHARMA

#GLENMARK is moving sideways and has formed a triangle pattern in 30 mins chart.

RSI is taking support from 40-level and is Bearish.
TT2 30min Trend is BULLISH.
Volume is extremely Low right now.

For upward move, the price needs to break 445.15 with good volume and follow the breakout with conviction. The next resistances are 464.7/475. Support is 423.

If the price breaks the low of 423.35, the next support is 414/398/387 on a 30mins chart.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.