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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (August 07, 2023 – August 11, 2023)

Glenmark Pharma closed the previous week on a negative note losing 6.48%.

Technically, Glenmark Pharma share price will see immediate support at 774.88 and immediate resistance would be seen at 828.33.

If Glenmark Pharma share price closes below immediate support of 774.88, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 746.22 for the week.

On the positive side, immediate resistance will be seen at 828.33. Closing above 828.33, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 853.12 for the week.

Trading range for Glenmark Pharma share price for this week should be between 721.43 on down side and 881.78 on up side.

Glenmark Pharma Previous Week High: 824.45

Glenmark Pharma Previous Week Low: 771

Glenmark Pharma Previous Week Range: 53.45 Points

Glenmark Pharma share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 881.78
Resistance 2 853.12
Resistance 1 828.33
Support 1 774.88
Support 2 746.22
Support 3 721.43

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