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GLENMARK PHARMACEUTICALS
Aggiornato
19 ago 2017
glenmark looks bearish in medium term
7
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4
4
5 ago 2017
in weekly, wave C is going on.
in closure look, there are a lot much left of wave C.
wave B retraced 50% of wave A, so wave C should be extended.
Now counting the fractals of wave C shows that, sub wave [iii] going on.
looking at the retracement levels it can plunge below 560 levels. So one should exit in every bounce.
Note: this is for educational purpose.
8 ago 2017
Trade attivo
till now 668.25
10 ago 2017
Trade attivo
till now 632.60, getting beaten quite severely.
19 ago 2017
Trade attivo
till now 610.90
19 ago 2017
Nota
updated wave count :
23 ago 2017
Trade attivo
still going down , closed at 601
27 ago 2017
Nota
regular bullish divergence in daily at horizontal support. short term bounce is eminent.
27 ago 2017
Nota
16 dic 2017
Nota
after short term bounce, long term is resumed here, it has broken the horizontal support and moving lower,
16 dic 2017
Nota
sorry for posting the wrong chart here,
here is the right one
13 mag 2018
Nota
cmp - 515.70,
in weekly, it is in descending channel, downtrend continues....
ParamjitMahapatro
Segui
Bearish Patterns
downtrend
Elliott Wave
wavecount
ParamjitMahapatro
Segui
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