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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (May 13, 2024 – May 17, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 6.33%.

Technically, Glenmark Pharma share price will see immediate support at 991.90 and immediate resistance would be seen at 1,059.15.

If Glenmark Pharma share price closes below immediate support of 991.90, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 959.85 for the week.

On the positive side, immediate resistance will be seen at 1,059.15. Closing above 1,059.15, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 1,094.35 for the week.

Trading range for Glenmark Pharma share price for this week should be between 924.65 on down side and 1,126.40 on up side.

Glenmark Pharma Previous Week High: 1062.3

Glenmark Pharma Previous Week Low: 995.05

Glenmark Pharma Previous Week Range: 67.25 Points

Glenmark Pharma share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 1,126.40
Resistance 2 1,094.35
Resistance 1 1,059.15
Support 1 991.90
Support 2 959.85
Support 3 924.65
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{"buy_point":[],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"1055.41","en_sup_t_91":"1085.29","prev_close":"1060.50","en_close":"1053.30","new_date":"May 3","prev_close_no":1060}]}

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