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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (August 21, 2023 – August 25, 2023)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 6.36%.

Technically, Glenmark Pharma share price will see immediate support at 747.90 and immediate resistance would be seen at 799.75.

If Glenmark Pharma share price closes below immediate support of 747.90, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 729.60 for the week.

On the positive side, immediate resistance will be seen at 799.75. Closing above 799.75, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 833.30 for the week.

Trading range for Glenmark Pharma share price for this week should be between 696.05 on down side and 851.60 on up side.

Glenmark Pharma Previous Week High: 815

Glenmark Pharma Previous Week Low: 763.15

Glenmark Pharma Previous Week Range: 51.85 Points

Glenmark Pharma share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 851.60
Resistance 2 833.30
Resistance 1 799.75
Support 1 747.90
Support 2 729.60
Support 3 696.05

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