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2021 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
13 Tue Apr 511.35 507.00 519.40 484.85 40.28 lakhs
12 Mon Apr 497.95 532.00 537.00 492.80 49.92 lakhs
09 Fri Apr 529.65 505.00 534.30 505.00 65.89 lakhs
08 Thu Apr 504.90 504.00 516.85 500.20 25.46 lakhs
07 Wed Apr 503.65 508.60 514.00 499.40 25.35 lakhs
GLENMARK chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 501.3, but if it comes below 501.3, then a intra day sell could be more profitable.
If you take a sell trade below 501.3, then use 501.3 as stoploss and 478.52 as target. However if you take a buy trade in stock , then use 501.3 as stoploss and 528.7 as target.

  • Daily Price action analysis of GLENMARK based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of GLENMARK based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of GLENMARK based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Glenmark Pharmaceuticals

Stock is trading at 511.35 as on 13 Tue Apr 15:34

Day open is at 507.00, day high is at 519.40, day low is at 484.85, and day volume is at 1609.53 lakhs so far.

First 15 minute high low range is 497.00 - 508.05

First hour high low range is 497.00 - 509.35

Date Intraday Price Open High Low Volume
13 Tue Apr 15:34 511.35 507.00 519.40 484.85 4027810
13 Tue Apr 15:30 514.00 507.00 519.40 484.85 4027810
13 Tue Apr 15:25 515.15 507.00 519.40 484.85 3914540
13 Tue Apr 15:20 510.15 507.00 519.40 484.85 3807534
13 Tue Apr 15:15 509.65 507.00 519.40 484.85 3734593
Intraday GLENMARK chart

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: 502.53 or 508.75
  • Upside target: 508.05
  • Downside target : 485.95
  • Second Upside target: 532.65
  • Second Downside target : 498.1

Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis

Date Weekly Close Open Range Volume
13 Tue Apr 511.35 532.00 484.85
537.00
90.2 lakhs
09 Fri Apr 529.65 480.95 473.20
534.30
174.147 lakhs
01 Thu Apr 483.25 452.00 452.00
488.00
42.996 lakhs
26 Fri Mar 450.55 459.00 442.05
471.00
61.448 lakhs
19 Fri Mar 458.35 477.00 443.00
478.95
58.004 lakhs
weekly GLENMARK chart

Weekly forecast of Glenmark Pharmaceuticals is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Glenmark Pharmaceuticals based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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
13 Tue Apr 511.35 466.00 462.35
537.00
286.177 lakhs
31 Wed Mar 464.70 468.70 442.05
492.95
281.459 lakhs
26 Fri Feb 466.20 473.45 449.60
513.25
359.118 lakhs
29 Fri Jan 471.55 493.75 469.90
532.00
373.685 lakhs
31 Thu Dec 493.50 474.60 464.65
549.00
571.738 lakhs
monthly GLENMARK chart

Monthly forecast of Glenmark Pharmaceuticals is positive. Buyers dominated the stock this month, and this trend might continue for a few days

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Glenmark Pharmaceuticals Daily stock price targets

  • Upside daily target: 546.63
  • Upside daily target: 519.2
  • Downside daily target: 494.23
  • Downside daily target: 468.2

Glenmark Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 562.53
  • Upside weekly target: 524.18
  • Downside weekly target: 498.93
  • Downside weekly target: 475.15
  • Downside weekly target: 451.41

Glenmark Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 563.43
  • Upside monthly target: 522.65
  • Downside monthly target: 493.53
  • Downside monthly target: 469.66
  • Downside monthly target: 446.88

Glenmark Pharmaceuticals (GLENMARK) indicators technical analysis

Price action analysis of Glenmark Pharmaceuticals (GLENMARK) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Glenmark Pharmaceuticals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Glenmark Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 504.41 and Glenmark Pharmaceuticals GLENMARK stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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chart GLENMARK