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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (December 11, 2023 – December 15, 2023)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 6.60%.

Technically, Glenmark Pharma share price will see immediate support at 769.90 and immediate resistance would be seen at 824.50.

If Glenmark Pharma share price closes below immediate support of 769.90, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 743.85 for the week.

On the positive side, immediate resistance will be seen at 824.50. Closing above 824.50, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 853.05 for the week.

Trading range for Glenmark Pharma share price for this week should be between 715.30 on down side and 879.10 on up side.

Glenmark Pharma Previous Week High: 827

Glenmark Pharma Previous Week Low: 772.4

Glenmark Pharma Previous Week Range: 54.6 Points

Glenmark Pharma share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 879.10
Resistance 2 853.05
Resistance 1 824.50
Support 1 769.90
Support 2 743.85
Support 3 715.30
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