2022 Glenmark Pharmaceuticals (GLENMARK) technical analysis [forecast] stock price targets
Glenmark Pharmaceuticals technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Glenmark Pharmaceuticals deals in Pharmaceuticals Glenmark Pharmaceuticals option chain analysis
| Date | Close | Open | High | Low | Volume |
| 27 Thu Jan | 476.35 | 480.00 | 485.50 | 474.05 | 13.94 lakhs |
| 25 Tue Jan | 486.05 | 471.10 | 488.55 | 465.40 | 10.21 lakhs |
| 24 Mon Jan | 471.95 | 482.30 | 488.40 | 467.10 | 18.1 lakhs |
| 21 Fri Jan | 482.95 | 497.35 | 497.35 | 481.30 | 12.98 lakhs |
| 20 Thu Jan | 497.35 | 498.40 | 500.00 | 491.20 | 6.51 lakhs |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 470.7, for a target of 491 or 507.87
Daily Price action analysis of GLENMARK based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Daily Price action analysis of GLENMARK based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Daily Price action analysis of GLENMARK based on a mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Intraday technical analysis of Glenmark Pharmaceuticals
Stock is trading at 489.85 as on 28 Fri Jan 10:40
Day open is at 479.20, day high is at 492.80, day low is at 476.00, and day volume is at 21.27 lakhs so far.
First 15 minute high low range is 476.00 - 484.05
First hour high low range is 476.00 - 488.80
| Date | Intraday Price | Open | High | Low | Volume |
| 28 Fri Jan 10:40 | 489.85 | 479.20 | 492.80 | 476.00 | 217992 |
| 28 Fri Jan 10:35 | 490.90 | 479.20 | 492.80 | 476.00 | 214459 |
| 28 Fri Jan 10:30 | 491.20 | 479.20 | 492.80 | 476.00 | 203805 |
| 28 Fri Jan 10:25 | 492.40 | 479.20 | 492.80 | 476.00 | 194563 |
| 28 Fri Jan 10:20 | 489.90 | 479.20 | 492.80 | 476.00 | 183136 |
Prices of Glenmark Pharmaceuticals are surely coming down. Look for opportunities to sell in intraday.
Take a trade after 9:30am only.
Glenmark Pharmaceuticals (GLENMARK) intraday stock price targets
- EntEntry: 480.03 or 477.4875
- Upside target: 484.05
- Downside target : 467.95
- Second Upside target: 480.93
- Second Downside target : 469.48
Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 27 Thu Jan | 476.35 | 482.30 | 465.40 488.55 |
42.261 lakhs |
| 21 Fri Jan | 482.95 | 516.00 | 481.30 521.50 |
52.471 lakhs |
| 14 Fri Jan | 516.00 | 510.65 | 508.20 528.70 |
41.648 lakhs |
| 07 Fri Jan | 510.65 | 530.00 | 508.90 531.20 |
36.456 lakhs |
| 31 Fri Dec | 528.55 | 492.50 | 492.50 531.25 |
53.628 lakhs |
Weekly forecast of Glenmark Pharmaceuticals is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.
Weekly Price action analysis of Glenmark Pharmaceuticals based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Weekly Price action analysis of Glenmark Pharmaceuticals based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Glenmark Pharmaceuticals (GLENMARK) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 27 Thu Jan | 476.35 | 530.00 | 465.40 531.20 |
172.835 lakhs |
| 31 Fri Dec | 528.55 | 522.00 | 472.50 542.70 |
298.615 lakhs |
| 30 Tue Nov | 523.80 | 503.95 | 457.00 551.80 |
379.499 lakhs |
| 29 Fri Oct | 503.90 | 508.90 | 477.10 539.00 |
243.016 lakhs |
| 30 Thu Sep | 510.45 | 531.00 | 489.15 544.00 |
254.078 lakhs |
Monthly forecast of Glenmark Pharmaceuticals is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.
Monthly Price action analysis of Glenmark Pharmaceuticals based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Monthly Price action analysis of Glenmark Pharmaceuticals based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Glenmark Pharmaceuticals Daily stock price targets
- Upside daily target: 531.3
- Upside daily target: 504.55
- Upside daily target: 480.18
Glenmark Pharmaceuticals Weekly stock price targets
- Upside weekly target: 589.4
- Upside weekly target: 550.33
- Upside weekly target: 523.2
- Upside weekly target: 496.23
- Downside weekly target: 462.03
Glenmark Pharmaceuticals Monthly stock price targets
- Upside monthly target: 702.78
- Upside monthly target: 659.25
- Upside monthly target: 621.78
- Upside monthly target: 585.2
- Upside monthly target: 554.79
- Upside monthly target: 527.23
- Upside monthly target: 500.53
- Downside monthly target: 472.38
- Downside monthly target: 437.98
Glenmark Pharmaceuticals (GLENMARK) most active calls puts options
- CE of strike 500
- CE of strike 520
- CE of strike 480
- PE of strike 480
- PE of strike 500
- PE of strike 450
- CE of strike 510
- CE of strike 550
- CE of strike 540
- CE of strike 490
- PE of strike 460
- PE of strike 470
- PE of strike 530
- CE of strike 530
- PE of strike 550
- PE of strike 510
- CE of strike 600
- PE of strike 490
- CE of strike 450
- PE of strike 540
- PE of strike 520
- PE of strike 400
- PE of strike 430
- CE of strike 470
- PE of strike 600
- CE of strike 420
- PE of strike 410
- PE of strike 710
- PE of strike 380
- CE of strike 380
Glenmark Pharmaceuticals (GLENMARK) indicators technical analysis
Price action analysis of Glenmark Pharmaceuticals (GLENMARK) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Glenmark Pharmaceuticals in short term and the sell signal is strong.
Glenmark Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Glenmark Pharmaceuticals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 493.16 and Glenmark Pharmaceuticals GLENMARK stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Glenmark Pharmaceuticals GLENMARK stock. Volume based technical analysis of Glenmark Pharmaceuticals GLENMARK stock is negative.
Glenmark Pharmaceuticals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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