GLAND - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List๐ Intraday Trade Analysis โ Gland Pharma (GLAND) IntraDay Trade Rating: 4.3
GLAND is firing on all technical cylinders today with strong bullish momentum, high RSI, and a robust MACD. While its fundamentals (high P/E and negative PEG) donโt support long-term entry, intraday traders will find it enticing for momentum scalping.
๐ Technical Snapshot
RSI (76.4) โ Deep into overbought territory; signals strong momentum but caution for reversal.
MACD (81.3) โ Extremely bullish; current strength could sustain upside.
Volume (3.84L vs Avg 3.50L) โ Slightly above average; shows solid activity.
Trading well above DMA50 (โน1,817) & DMA200 (โน1,699) โ Suggests breakout territory.
Price nearing its recent high (โน2,221) โ Minor psychological resistance ahead.
๐ธ Intraday Trade Setup
๐ Trade Component Suggested Levels (โน)
Buy Zone โน2,095 โ โน2,102
Profit Target โน2,120 โ โน2,145
Stop-Loss Level Below โน2,078
๐ฏ Ideal entry is on intraday dip near โน2,095. Look for support and green confirmation candles.
โฑ If You're Already Holding Today
Profit-Taking Triggers
Exit between โน2,120โโน2,145 if RSI rises above 78 and MACD continues trending north.
Volume increase toward 4L+ will further support upward move.
Loss-Protecting Triggers
Exit below โน2,078 if RSI dips below 74 or MACD flattens.
Red candles + declining volume below 3L indicate waning strength.
๐ง Final Word
GLAND is dancing on breakout momentum, offering potential for fast intraday gains. However, extended RSI means youโll want to be nimble with exits โ this play rewards sharp timing, not prolonged holding.
Want help spotting similar momentum setups in pharma or mid-cap healthcare? I can line up a few names worth your radar.
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