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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (January 08, 2024 – January 12, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 7.18%.

Technically, Glenmark Pharma share price will see immediate support at 855.95 and immediate resistance would be seen at 921.50.

If Glenmark Pharma share price closes below immediate support of 855.95, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 819.20 for the week.

On the positive side, immediate resistance will be seen at 921.50. Closing above 921.50, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 950.30 for the week.

Trading range for Glenmark Pharma share price for this week should be between 790.40 on down side and 987.05 on up side.

Glenmark Pharma Previous Week High: 913.55

Glenmark Pharma Previous Week Low: 848

Glenmark Pharma Previous Week Range: 65.55 Points

Glenmark Pharma share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 987.05
Resistance 2 950.30
Resistance 1 921.50
Support 1 855.95
Support 2 819.20
Support 3 790.40
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{"buy_point":[{"en_ltd":"2023-12-22","en_sup_p_91":"830.65","en_sup_t_91":"806.17","prev_close":"823.60","en_close":"839.30","new_date":"Dec 22","prev_close_no":823}],"sell_point":[{"en_ltd":"2023-12-20","en_sup_p_91":"803.85","en_sup_t_91":"837.29","prev_close":"823.55","en_close":"789.85","new_date":"Dec 20","prev_close_no":823}]}

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