Minor Beastslayer

A very popular enchant which will give you a lot of money for your early levels. The materials are usually easy to come by, with many items of the same level dropping them when disenchanted.
Try to sell for 80s each, and do about 5 at a time - there is point doing 20 at a time as there is usually only a handful in need of a glow at a given time.
Gives a red glow - this is the first glow you can create as an enchant.

It totally depends on the market situation... on some servers the base ingredients (2 greater magic essense + 4 strange dust) can be sold for about 80s or even more, in which case enchanting actually loses you money. In addition, your target market is low-level people and their buying capacity is limited, so charging more isn't much of an option. Don't expect insane profits from this.

The point is to sell this to high levels who want a glow. On a "for show" weapon or AH alt or something or whatever, and this is the cheapest glow for a weapon. So yes, there is a chance for markups on this enchant.