15th Aug
Moving on slightly different count but largely the moves as per counts of higher degree.
Here are the counts and next targets in daily chart.
1st Jul
Internal wave count pushing the stock beyond target area.
Look for 712-714.
But more important is to note that after the target a minor correction and thereafter most likely it should go for extensions of wave 5 taking stock to much higher levels. Probable target should be near 950.
xxxxxxxxxxxx
GLENMARK should face strong resistance near 680 mark as that seems to be the target for its Primary degree Wave 3. Wave 4 retracement near 575 (Minimum) can be expected.
Moving on slightly different count but largely the moves as per counts of higher degree.
Here are the counts and next targets in daily chart.
1st Jul
Internal wave count pushing the stock beyond target area.
Look for 712-714.
xxxxxxxxxxxx
GLENMARK should face strong resistance near 680 mark as that seems to be the target for its Primary degree Wave 3. Wave 4 retracement near 575 (Minimum) can be expected.
Monthly chart
No comments:
Post a Comment