GLENMARK PHARM 1D: Investment strategy explained in chart

GLEANMARK PHARM seems to be find out the bottom as suggested by Elliott waves. Also exhaustion gap and breakaway gaps found along with divergence in price and RSI. Good for investment (long) for both short and long terms.
CMP: ₹301
Target: Short term 1 year: ₹600
Long term 5 years: ₹1200

Yorum:

In this case RSI is used only fire divergence purpose

Yorum:

Today it registered 15% high

Yorum:

Today Closed at 366. A gain of 65 points or 21.50%