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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 2024-04-08 View latest technical analysis

10 day averaged volume of Glenmark Life is 91628

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	810.50	817.30	819.90	804.00	0.531 times
05 Fri Apr 2024	817.30	816.00	832.00	804.00	0.801 times
04 Thu Apr 2024	815.35	814.90	820.50	788.00	1.89 times
03 Wed Apr 2024	797.00	790.10	803.00	776.10	0.941 times
02 Tue Apr 2024	790.65	790.00	795.00	777.10	0.821 times
01 Mon Apr 2024	785.05	790.95	792.75	771.05	0.745 times
28 Thu Mar 2024	776.65	774.40	785.10	761.30	0.985 times
27 Wed Mar 2024	770.55	762.00	783.40	753.55	1.167 times
26 Tue Mar 2024	759.75	754.00	766.85	741.85	1.199 times
22 Fri Mar 2024	753.70	750.00	756.25	742.00	0.562 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 795.1, but if it comes below 795.1, then a intra day sell could be more profitable.
If you take a sell trade below 795.1, then use 795.1 as stoploss and 761.35 as target. However if you take a buy trade in stock , then use 795.1 as stoploss and 835.7 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	626.95
Downside Target	652.10
Downside Target	719.75
Downside Target	741.85
Downside Target	765.45
Downside Target	804.00
Downside Target	810.00
Upside Target	819.90
Upside Target	832.00
Upside Target	878.30
Upside Target	899.65
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	803.03
Downside Intraday Target	795.57
Upside Intraday Target	818.93
Upside Intraday Target	827.37
Upside Intraday Target	811.47

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	810.50	817.30	819.90	804.00	0.102 times
05 Fri Apr 2024	817.30	790.95	832.00	771.05	1.551 times
28 Thu Mar 2024	776.65	754.00	785.10	741.85	0.693 times
22 Fri Mar 2024	753.70	730.05	771.00	719.75	0.501 times
15 Fri Mar 2024	739.35	765.05	765.45	676.50	0.654 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
08 Mon Apr 2024	810.50	790.95	832.00	771.05	0.164 times
28 Thu Mar 2024	776.65	862.00	899.65	676.50	0.92 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

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 gaining 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 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 coming down

CCI has generated a SELL signal for Glenmark Life in short term but SELL 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

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 789.13 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 negative.

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