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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 2024-04-10 View latest technical analysis

10 day averaged volume of Glenmark Life is 88186

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	817.15	817.00	825.45	805.20	0.756 times
09 Tue Apr 2024	813.30	815.00	817.70	801.00	0.565 times
08 Mon Apr 2024	810.50	817.30	819.90	804.00	0.551 times
05 Fri Apr 2024	817.30	816.00	832.00	804.00	0.833 times
04 Thu Apr 2024	815.35	814.90	820.50	788.00	1.964 times
03 Wed Apr 2024	797.00	790.10	803.00	776.10	0.978 times
02 Tue Apr 2024	790.65	790.00	795.00	777.10	0.853 times
01 Mon Apr 2024	785.05	790.95	792.75	771.05	0.775 times
28 Thu Mar 2024	776.65	774.40	785.10	761.30	1.023 times
27 Wed Mar 2024	770.55	762.00	783.40	753.55	1.213 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 804.7, but if it comes below 804.7, then a intra day sell could be more profitable.
If you take a sell trade below 804.7, then use 804.7 as stoploss and 767.98 as target. However if you take a buy trade in stock , then use 804.7 as stoploss and 848.7 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	801.00
Downside Target	810.00
Upside Target	825.45
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	803.62
Downside Intraday Target	790.08
Upside Intraday Target	828.07
Upside Intraday Target	838.98
Downside Intraday Target	814.53

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	817.15	817.30	825.45	801.00	0.347 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
10 Wed Apr 2024	817.15	790.95	832.00	771.05	0.2 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 neutral. A longer time frame might give a better analysis.

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 moving up

CCI has generated a buy signal for Glenmark Life in short term and BUY 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 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 798.81 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.