GLENMARK Outlook for the Week (November 18, 2024 – November 22, 2024)
Glenmark Pharmaceuticals closed the previous week on a negative note losing -7.33%.
Technically, Glenmark Pharmaceuticals share price will see immediate support at 1,444.32 and immediate resistance would be seen at 1,653.77.
If Glenmark Pharmaceuticals share price closes below immediate support of 1,444.32, then sharp breakdown can be seen. Glenmark Pharmaceuticals share price will see major support at 1,354.93 for the week.
On the positive side, immediate resistance will be seen at 1,653.77. Closing above 1,653.77, Glenmark Pharmaceuticals share price will see a sharp breakout. Major resistance for Glenmark Pharmaceuticals share price will be seen at 1,773.83 for the week.
Trading range for Glenmark Pharmaceuticals share price for this week should be between 1,234.87 on down side and 1,863.22 on up side.
Glenmark Pharmaceuticals Previous Week Open: 1655
Glenmark Pharmaceuticals Previous Week High: 1684.45
Glenmark Pharmaceuticals Previous Week Low: 1475
Glenmark Pharmaceuticals Previous Week Close: 1533.7
Glenmark Pharmaceuticals Previous Week Range: 209.45 Points
Glenmark Pharmaceuticals share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,863.22 |
| Resistance 2 | 1,773.83 |
| Resistance 1 | 1,653.77 |
| Support 1 | 1,444.32 |
| Support 2 | 1,354.93 |
| Support 3 | 1,234.87 |
