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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (December 18, 2023 – December 22, 2023)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 5.33%.

Technically, Glenmark Pharma share price will see immediate support at 797.97 and immediate resistance would be seen at 842.47.

If Glenmark Pharma share price closes below immediate support of 797.97, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 771.93 for the week.

On the positive side, immediate resistance will be seen at 842.47. Closing above 842.47, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 860.93 for the week.

Trading range for Glenmark Pharma share price for this week should be between 753.47 on down side and 886.97 on up side.

Glenmark Pharma Previous Week High: 834.9

Glenmark Pharma Previous Week Low: 790.4

Glenmark Pharma Previous Week Range: 44.5 Points

Glenmark Pharma share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 886.97
Resistance 2 860.93
Resistance 1 842.47
Support 1 797.97
Support 2 771.93
Support 3 753.47
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