GLENMARK Outlook for the Week (December 16, 2024 – December 20, 2024)
Glenmark Pharmaceuticals closed flat on Weekly basis.
Technically, Glenmark Pharmaceuticals share price will see immediate support at 1,504.00 and immediate resistance would be seen at 1,560.50.
If Glenmark Pharmaceuticals share price closes below immediate support of 1,504.00, then sharp breakdown can be seen. Glenmark Pharmaceuticals share price will see major support at 1,479.90 for the week.
On the positive side, immediate resistance will be seen at 1,560.50. Closing above 1,560.50, Glenmark Pharmaceuticals share price will see a sharp breakout. Major resistance for Glenmark Pharmaceuticals share price will be seen at 1,592.90 for the week.
Trading range for Glenmark Pharmaceuticals share price for this week should be between 1,447.50 on down side and 1,617.00 on up side.
Glenmark Pharmaceuticals Previous Week Open: 1528.1
Glenmark Pharmaceuticals Previous Week High: 1568.8
Glenmark Pharmaceuticals Previous Week Low: 1512.3
Glenmark Pharmaceuticals Previous Week Close: 1528.1
Glenmark Pharmaceuticals Previous Week Range: 56.5 Points
Glenmark Pharmaceuticals share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,617.00 |
| Resistance 2 | 1,592.90 |
| Resistance 1 | 1,560.50 |
| Support 1 | 1,504.00 |
| Support 2 | 1,479.90 |
| Support 3 | 1,447.50 |
