Glenmark Short Term Reversal

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The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed near below support zone, 200 EMA & the lower trendline. The target is placed based on fundamentals.
Trade chiuso: stop raggiunto
Chart PatternsGLENMARKindianstocksreversalswingtradingTrend Analysis

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