glenmark looks bearish in medium term
Diupdate
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.
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.
Trade aktif
till now 668.25Trade aktif
till now 632.60, getting beaten quite severely.Trade aktif
till now 610.90Catatan
updated wave count : Trade aktif
still going down , closed at 601Catatan
regular bullish divergence in daily at horizontal support. short term bounce is eminent.Catatan
Catatan
after short term bounce, long term is resumed here, it has broken the horizontal support and moving lower, Catatan
sorry for posting the wrong chart here, here is the right one
Catatan
cmp - 515.70, in weekly, it is in descending channel, downtrend continues....
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