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(GLS) Glenmark Life complete technical analysis [charts+indicators] | Buy/Sell Glenmark Life | (GLS) share price targets

Complete technical analysis of Glenmark Life (GLS) by charts plus indicators, forecast predictions and share price targets for Glenmark Life (GLS)

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Glenmark Life is 223004

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	739.35	732.00	752.00	715.60	1.025 times
14 Thu Mar 2024	722.25	688.25	746.40	680.05	0.674 times
13 Wed Mar 2024	688.30	748.00	752.00	676.50	1.049 times
12 Tue Mar 2024	723.00	732.05	737.40	712.70	0.496 times
11 Mon Mar 2024	732.45	765.05	765.45	724.95	0.725 times
07 Thu Mar 2024	765.45	734.00	770.20	733.65	1.063 times
06 Wed Mar 2024	736.35	763.10	774.00	725.00	1.979 times
05 Tue Mar 2024	770.10	800.00	807.35	747.45	2.14 times
04 Mon Mar 2024	807.35	846.00	849.50	795.35	0.889 times
02 Sat Mar 2024	844.90	850.10	899.65	840.25	0.066 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 745.6, but if it comes above 745.6, then a intra day buy could be more profitable.
If you take a sell trade below 745.6, then use 745.6 as stoploss and 662 as target. However if you take a buy trade in stock , then use 745.6 as stoploss and 815.2 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	616.10
Downside Target	642.00
Downside Target	725.00
Upside Target	765.45
Upside Target	810.00
Upside Target	831.45
Upside Target	861.50
Upside Target	878.30
Upside Target	891.80
Upside Target	899.65
Upside Target	900.00
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	688.75
Downside Intraday Target	638.15
Upside Intraday Target	777.7
Upside Intraday Target	816.05
Downside Intraday Target	727.1

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	739.35	765.05	765.45	676.50	0.654 times
07 Thu Mar 2024	765.45	846.00	849.50	725.00	2.082 times
02 Sat Mar 2024	844.90	874.80	906.00	840.25	1.309 times
23 Fri Feb 2024	874.80	884.95	900.00	861.50	0.792 times
16 Fri Feb 2024	878.50	865.00	891.80	831.45	0.39 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Glenmark Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	739.35	862.00	899.65	676.50	0.705 times
29 Thu Feb 2024	868.45	875.00	906.00	810.00	0.607 times
31 Wed Jan 2024	872.55	659.00	878.30	652.10	2.707 times
29 Fri Dec 2023	657.05	633.75	664.65	626.95	0.914 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glenmark Life (GLS)

Price action analysis of Glenmark Life ( (GLS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Glenmark Life ( (GLS) ) 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.

Price action analysis of Glenmark Life ( (GLS) ) 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.

Price action analysis of Glenmark Life ( (GLS) ) based on a mid to longer 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 Life stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Glenmark Life in short term and the sell signal is strong.

Glenmark Life 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Glenmark Life in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Glenmark Life is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 746.95 and Glenmark Life (GLS) 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 Life (GLS) stock. Volume based technical analysis of Glenmark Life (GLS) stock is negative.

Glenmark Life 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.