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GLENMARKMARKET OUTLOOKSTOCK OUTLOOK

Glenmark Pharma Outlook for the Week (January 29, 2024 – February 02, 2024)

Glenmark Pharma
Glenmark Pharma
Glenmark Pharma closed the previous week on a negative note losing 6.62%.

Technically, Glenmark Pharma share price will see immediate support at 858.27 and immediate resistance would be seen at 918.72.

If Glenmark Pharma share price closes below immediate support of 858.27, then sharp breakdown can be seen. Glenmark Pharma share price will see major support at 825.43 for the week.

On the positive side, immediate resistance will be seen at 918.72. Closing above 918.72, Glenmark Pharma share price will see a sharp breakout. Major resistance for Glenmark Pharma share price will be seen at 946.33 for the week.

Trading range for Glenmark Pharma share price for this week should be between 797.82 on down side and 979.17 on up side.

Glenmark Pharma Previous Week High: 913.5

Glenmark Pharma Previous Week Low: 853.05

Glenmark Pharma Previous Week Range: 60.45 Points

Glenmark Pharma share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 979.17
Resistance 2 946.33
Resistance 1 918.72
Support 1 858.27
Support 2 825.43
Support 3 797.82
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