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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (February 12, 2024 – February 16, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 7.56%.

Technically, Glenmark Pharma share price will see immediate support at 816.00 and immediate resistance would be seen at 883.90.

If Glenmark Pharma share price closes below immediate support of 816.00, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 788.90 for the week.

On the positive side, immediate resistance will be seen at 883.90. Closing above 883.90, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 924.70 for the week.

Trading range for Glenmark Pharma share price for this week should be between 748.10 on down side and 951.80 on up side.

Glenmark Pharma Previous Week High: 897.6

Glenmark Pharma Previous Week Low: 829.7

Glenmark Pharma Previous Week Range: 67.9 Points

Glenmark Pharma share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 951.80
Resistance 2 924.70
Resistance 1 883.90
Support 1 816.00
Support 2 788.90
Support 3 748.10
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