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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 2024-12-31 View latest technical analysis

10 day averaged volume of Glenmark Life is 96083

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	983.45	960.00	997.70	959.95	1.178 times
30 Mon Dec 2024	969.65	987.55	993.35	965.20	1.186 times
27 Fri Dec 2024	987.55	984.95	997.25	973.00	0.854 times
26 Thu Dec 2024	983.75	964.90	998.80	940.15	1.701 times
24 Tue Dec 2024	958.40	994.00	998.70	955.00	1.366 times
23 Mon Dec 2024	993.90	1015.00	1018.80	985.75	1.11 times
20 Fri Dec 2024	1013.30	1017.15	1030.00	1005.50	0.939 times
19 Thu Dec 2024	1017.15	1014.00	1035.00	1007.00	0.835 times
18 Wed Dec 2024	1031.25	1014.70	1054.90	999.95	0.898 times
17 Tue Dec 2024	1011.85	1029.00	1033.45	1004.40	0.566 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 986.6, but if it comes above 986.6, then a intra day buy could be more profitable.
If you take a sell trade below 986.6, then use 986.6 as stoploss and 942.7 as target. However if you take a buy trade in stock , then use 986.6 as stoploss and 1023.26 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	959.95
Upside Target	997.70
Upside Target	1048.05
Upside Target	1077.75
Upside Target	1095.00
Upside Target	1130.00
Upside Target	1164.00
Upside Target	1223.05
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	963.03
Downside Intraday Target	942.62
Upside Intraday Target	1000.78
Upside Intraday Target	1018.12
Downside Intraday Target	980.37

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	983.45	987.55	997.70	959.95	0.47 times
27 Fri Dec 2024	987.55	1015.00	1018.80	940.15	1.33 times
20 Fri Dec 2024	1013.30	1027.90	1054.90	999.95	0.334 times
13 Fri Dec 2024	1018.15	1059.80	1077.75	1004.40	2.484 times
06 Fri Dec 2024	1056.55	1080.10	1130.00	1048.05	0.84 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
31 Tue Dec 2024	983.45	1080.10	1130.00	940.15	1.561 times
29 Fri Nov 2024	1084.10	1055.55	1164.00	1012.05	0.381 times
31 Thu Oct 2024	1057.20	1065.00	1223.05	935.00	0.49 times
30 Mon Sep 2024	1057.45	1047.40	1335.10	1012.20	1.35 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glenmark Life stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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

Glenmark Life Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and selling is picking up 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 990.99 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.