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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (December 25, 2023 – December 29, 2023)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 9.04%.

Technically, Glenmark Pharma share price will see immediate support at 791.67 and immediate resistance would be seen at 868.47.

If Glenmark Pharma share price closes below immediate support of 791.67, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 744.03 for the week.

On the positive side, immediate resistance will be seen at 868.47. Closing above 868.47, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 897.63 for the week.

Trading range for Glenmark Pharma share price for this week should be between 714.87 on down side and 945.27 on up side.

Glenmark Pharma Previous Week High: 850

Glenmark Pharma Previous Week Low: 773.2

Glenmark Pharma Previous Week Range: 76.8 Points

Glenmark Pharma share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 945.27
Resistance 2 897.63
Resistance 1 868.47
Support 1 791.67
Support 2 744.03
Support 3 714.87
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