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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 2024-09-16 View latest technical analysis

10 day averaged volume of Glenmark Life is 594678

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	1310.90	1280.00	1335.10	1252.35	0.508 times
13 Fri Sep 2024	1292.85	1320.50	1323.00	1275.00	0.474 times
12 Thu Sep 2024	1305.95	1281.85	1313.85	1252.05	0.564 times
11 Wed Sep 2024	1289.30	1276.00	1325.00	1231.00	1.314 times
10 Tue Sep 2024	1284.10	1209.30	1299.00	1209.30	2.143 times
09 Mon Sep 2024	1204.95	1150.00	1220.00	1141.05	2.177 times
06 Fri Sep 2024	1150.50	1093.00	1175.00	1093.00	2.364 times
05 Thu Sep 2024	1093.00	1079.60	1102.70	1076.45	0.248 times
04 Wed Sep 2024	1075.15	1037.30	1090.00	1035.50	0.262 times
03 Tue Sep 2024	1048.15	1064.15	1079.60	1041.00	0.161 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1231.4, but if it comes below 1231.4, then a intra day sell could be more profitable.
If you take a sell trade below 1231.4, then use 1231.4 as stoploss and 1118.75 as target. However if you take a buy trade in stock , then use 1231.4 as stoploss and 1366.6 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	755.95
Downside Target	806.00
Downside Target	851.25
Downside Target	882.00
Downside Target	972.00
Downside Target	1031.90
Downside Target	1063.70
Downside Target	1095.00
Downside Target	1141.05
Downside Target	1175.00
Downside Target	1252.35
Upside Target	1325.00
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	1263.8
Downside Intraday Target	1216.7
Upside Intraday Target	1346.55
Upside Intraday Target	1382.2
Downside Intraday Target	1299.45

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	1310.90	1280.00	1335.10	1252.35	0.076 times
13 Fri Sep 2024	1292.85	1150.00	1325.00	1141.05	2.004 times
06 Fri Sep 2024	1150.50	1047.40	1175.00	1031.90	1.214 times
30 Fri Aug 2024	1052.65	1050.00	1095.00	993.55	2.022 times
23 Fri Aug 2024	1047.95	980.00	1063.70	980.00	0.524 times

Price has moved up 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
16 Mon Sep 2024	1310.90	1047.40	1335.10	1031.90	0.946 times
30 Fri Aug 2024	1052.65	888.45	1095.00	851.25	1.016 times
31 Wed Jul 2024	888.45	870.00	972.00	819.05	5.18 times
28 Fri Jun 2024	869.05	840.00	882.00	755.95	0.789 times

Scroll below to view daily charts

Price has moved up 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 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.

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

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Glenmark Life 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 Life Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Glenmark Life in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Life is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1226.21 and Glenmark Life (GLS) 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 Life (GLS) stock. Volume based technical analysis of Glenmark Life (GLS) stock is negative.

Glenmark Life 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.