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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (February 19, 2024 – February 23, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 13.47%.

Technically, Glenmark Pharma share price will see immediate support at 798.50 and immediate resistance would be seen at 918.50.

If Glenmark Pharma share price closes below immediate support of 798.50, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 724.75 for the week.

On the positive side, immediate resistance will be seen at 918.50. Closing above 918.50, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 964.75 for the week.

Trading range for Glenmark Pharma share price for this week should be between 678.50 on down side and 1,038.50 on up side.

Glenmark Pharma Previous Week High: 891

Glenmark Pharma Previous Week Low: 771

Glenmark Pharma Previous Week Range: 120 Points

Glenmark Pharma share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 1,038.50
Resistance 2 964.75
Resistance 1 918.50
Support 1 798.50
Support 2 724.75
Support 3 678.50
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{"buy_point":[{"en_ltd":"2024-02-16","en_sup_p_91":"834.73","en_sup_t_91":"816.90","prev_close":"810.25","en_close":"872.25","new_date":"Feb 16","prev_close_no":810},{"en_ltd":"2024-01-24","en_sup_p_91":"889.83","en_sup_t_91":"845.64","prev_close":"858.15","en_close":"890.20","new_date":"Jan 24","prev_close_no":858},{"en_ltd":"2024-01-15","en_sup_p_91":"896.72","en_sup_t_91":"863.51","prev_close":"868.95","en_close":"910.45","new_date":"Jan 15","prev_close_no":868}],"sell_point":[{"en_ltd":"2024-02-07","en_sup_p_91":"883.62","en_sup_t_91":"904.74","prev_close":"884.80","en_close":"877.25","new_date":"Feb 7","prev_close_no":884},{"en_ltd":"2024-01-18","en_sup_p_91":"869.21","en_sup_t_91":"889.83","prev_close":"872.20","en_close":"867.55","new_date":"Jan 18","prev_close_no":872},{"en_ltd":"2024-01-08","en_sup_p_91":"876.27","en_sup_t_91":"906.38","prev_close":"892.70","en_close":"873.70","new_date":"Jan 8","prev_close_no":892}]}

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