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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (January 22, 2024 – January 26, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 7.51%.

Technically, Glenmark Pharma share price will see immediate support at 845.68 and immediate resistance would be seen at 914.48.

If Glenmark Pharma share price closes below immediate support of 845.68, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 812.22 for the week.

On the positive side, immediate resistance will be seen at 914.48. Closing above 914.48, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 949.82 for the week.

Trading range for Glenmark Pharma share price for this week should be between 776.88 on down side and 983.28 on up side.

Glenmark Pharma Previous Week High: 916.35

Glenmark Pharma Previous Week Low: 847.55

Glenmark Pharma Previous Week Range: 68.8 Points

Glenmark Pharma share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 983.28
Resistance 2 949.82
Resistance 1 914.48
Support 1 845.68
Support 2 812.22
Support 3 776.88
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