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Bullish breakout on GLENMARK Another winner from the Pharma space is GLENMARK. The stock has been exhibiting good momentum on the upside and consistently forming HH & HL. After 3 months of consolidation since April 2026, the stock had broken out in Aug 2026 and did a retest from the breakout zone and confirmed a hold. A potential Target of 2875 is possible in the coming few months. SL - The low of September 2026 which is around 2306. P.S. Not a recommendation. Please do your own due diligence.

Glenmark Pharma – Testing 0.382 Retracement for Wave iv Glenmark has completed an extended Wave (iii), followed by a corrective pullback currently labelled as Wave (iv). The correction has retraced around the 0.382 Fibonacci level of the preceding Wave (iii) advance, while also testing the rising channel support. The current zone is therefore important for determining whether Wave (iv) is complete and the next Wave (v) can develop. An alternate count is also marked, where the current move could be Wave (a) of a larger Wave (iv) correction. In tha

GLENMARK – Swing Trading Chart Analysis Based on the daily chart, the stock has recently broken out of a consolidation phase, triggering a bullish setup for a swing trade. Here is a detailed breakdown of the technical indicators and structure. 1. Market Structure & Price Action Consolidation & Breakout: After a corrective phase through late May and June, the stock entered a tight rectangular Consolidation Box roughly between ₹2,220 and ₹2,320. The most recent daily candle has forcefully broken out to the upside of this range, clearin

GLENMARK - Mastering the Cup Pattern Classic patterns work because human psychology repeats itself. Let the deep "cup" build a strong foundation, wait for the "handle" to shake out weak hands, and trade the breakout.

by ParamjitMahapatro

inverse head & shoulders Breakdown Setup A classic Inverse Head & Shoulders pattern spotted on the chart — a powerful bullish reversal pattern after a downtrend. Left Shoulder: First dip followed by a bounce • Head: Deeper low showing the final selling pressure • Right Shoulder: Higher low indicating sellers are weakening • Neckline: Key resistance level Breakout above the neckline confirms the bullish reversal. 🎯 Trade Plan: • Entry: After todays candle high • Stop Loss: Below the right shoulder • Target: Head-to-neckline distance

by TheSriyaTrading

GLENMARK BREAKOUT Last week, price has closed above the upper trendline of a horizontal channel — a strong bullish signal. Key Highlights: ✔ Breakout confirmed on weekly timeframe ✔ 50% Fibonacci retracement acted as strong support ✔ Volume expansion supports the move What to Expect: • Momentum likely to continue above ₹2,200 • Potential targets: ₹2,600+ / ₹2,800+ • Strong structure indicates start of a fresh uptrend

by BhavnaJain12

Glenmark 75mins Glenmark pharma 75mins is in downtrend.. Closing at trend line resistance.. If bearish candlestick pattern formed can give 9 to 12% down fall

by bhachalapurajay

Glenmark Pharma_Weekly Chart Analysis 1️⃣ Trend Structure * The stock has formed a strong bullish structure after breaking a long-term descending trendline (visible from previous highs). * A trend reversal occurred near ₹1,300–₹1,350 zone followed by a sharp impulsive rally. * Price is now trading near lifetime/major swing resistance zone around ₹2,250–₹2,300. 👉 Overall trend: Primary Uptrend (Bullish Bias) 2️⃣ Key Support & Resistance Levels 🔴 Resistance Zone * ₹2,250 – ₹2,300 → Immediate supply zone (multiple rejections earlie

by advaitwealthmatrix

GLENMARK GLENMARK BUY signals in technical indicators and inverse head and shoulders chart pattern.

by Shree_ShyamInvestment

Weekly Supply + RSI Divergence | Big Decision Zone on Glenmark Glenmark Pharmaceuticals has rallied strongly and is now approaching a key Weekly Supply Zone, an area where institutional selling pressure may emerge. What makes this zone more interesting is the bearish RSI divergence forming on the weekly timeframe. While price is making higher highs, RSI is failing to confirm the move, indicating weakening bullish momentum. Key Observations • Price approaching higher timeframe Weekly Supply • Bearish RSI Divergence suggesting momentum exhaustion • Strong

by SahilArora077

Glenmark is showing strength, looks it has formed inverted H&S In daily timeframe, The stock has made inverted H&S, currently testing the BO level, If goes up, It may go to 2417. And simultaneously , if it does that, it will give a BO of Big rounding bottom which is at 2286, then it may go to 2774. MACD +ve in +zone. RSI>60

glenmark idea STARTING FROM MARCH 20 5 wave upmove i labbed as A as b time is not half+8 then c was completed in up 5 wave move near oct 2024 in which we have zig zag and irregular correctio marked also shown in the chart is the base channel and 2-4 trendline which was broken leading to degree fall in which we can see wxyxz correctio matching the time properly from march 25 upmove was started with 5 wave up move currently in 5th wave currently we are in wave 3 of the large c wave we can take longs fr

by rachnaarodhia

GLENMARK 1 Month Time Frame 📍 Current Price Context Price around ₹2,000 – ₹2,030 (recent trading zone) on the NSE. 52-week range roughly ₹1,275 – ₹2,284 indicating broader volatility context. 📈 1-Month Key Levels (Support / Resistance) 🛑 Resistance Levels These price areas where the stock has historically faced selling pressure or may find difficulty rising past in the near term: R1 – ~₹2,033 – ₹2,040 → immediate barrier near recent peaks. R2 – ~₹2,068 – ₹2,070 → stronger resistance zone from pivot studies.

by Knowledgehub

GLENMARK 1 Day Time Frame 📌 Live / Latest Price (Daily) 📍 Current stock price: ~₹1,997.6 (approx close) on NSE. 📍 Day’s Range: ~₹1,992 – ₹2,047. 📍 Prev Close: ~₹2,034.5. 🧮 1-Day Technical Levels (Daily Pivot & S/R) (These are standard daily pivot levels used by intraday/short-term traders based on yesterday’s range) 🔁 Daily Pivot Levels Pivot Point (PP): ~₹2,012.5 Resistance 1 (R1): ~₹2,033 Resistance 2 (R2): ~₹2,068 Resistance 3 (R3): ~₹2,088 Support 1 (S1): ~₹1,977 Support 2 (S2): ~₹1,956 Support 3 (S3): ~₹1,

by Knowledgehub

GLENMARK | Pure Structure Play – IH&S Forming GLENMARK is shaping a well-defined Inverse Head & Shoulders (IH&S) structure on the chart. The left shoulder and head are clearly visible, with the head forming a deeper and broader base. Price has since recovered and moved back toward the neckline, indicating improving structure. The right shoulder is still under formation, meaning the pattern is in development, not completed yet. At this stage, price action remains below the neckline, and the focus should be on how the market behaves while

by siripireddyvenu

GLENMARK 1 Month Time Frame 📊 Current Price (Approx) ~₹2,010 – ₹2,011 on NSE. 🔁 1‑Month Technical Levels 🛑 Resistance (Upside) Key resistance levels you might monitor over the next month: ~₹2,020 – ₹2,035 — near recent swing highs and pivot resistance. ~₹2,045 – ₹2,070 — broader resistance zone seen in weekly/short‑term studies. ~₹2,125 – ₹2,225+ — longer trend resistance from historical levels if momentum carries higher. Important: A break above ~₹2,035–2,045 would be a bullish signal and could open room toward upp

by Knowledgehub

Glenmark - Strong Buy - Technical Analysis # Glenmark Pharmaceuticals Technical Analysis Report **Stock:** Glenmark Pharmaceuticals Limited (NSE) **Current Price:** ₹2,038.20 **Date:** December 23, 2024 **Timeframe:** Weekly Chart ## Price Action Overview Glenmark Pharmaceuticals is currently trading at ₹2,038.20, showing strong momentum with a 2.31% gain. The stock has demonstrated significant recovery from its mid-2024 lows and is currently testing critical resistance levels. ## Technical Structure The chart reveals a well-def

by earnwhileulearn

Wave‑C Done? Glenmark Primed for Trend Resumption Glenmark Pharma (NSE: GLENMARK) – Professional Chart Analysis, Price Path & Trading Advice (educational) Market structure and thesis The chart shows a completed impulsive advance into Wave 3, followed by a corrective a‑b‑c decline progressing into the Wave‑4 completion zone 1,698–1,921 that overlaps with a deeper Wave‑C completion band 1,728–1,774 . This clustering of supports, plus a prior change‑of‑character (ChoCH) earlier in the cycle, suggests the correction is maturing and a new advan

by LiveTradingBox

GLENMARK - Bat 0.8 rev The Bat pattern is a precise harmonic pattern that I discovered in 2001. The Bat pattern is probably the most accurate pattern in the entire Harmonic Trading arsenal. The pattern possesses many distinct elements that define an excellent Potential Reversal Zone (PRZ). The pattern typically represents a deep retest of support or resistance that can frequently be quite sharp. Quick reversals from Bat pattern PRZs are quite common. In fact, valid reversals from Bat patterns frequently possess price

by rameshirreplaceable

Glenmark Pharma shows a strong uptrend with periodic corrections Glenmark Pharma has been moving in a clear weekly uptrend where each strong rise has been followed by a period of consolidation before the next move. This sequence appears three times on the chart, marked as rally and correction phases. After the most recent rise, price has entered a narrow downward channel. This forms a flag structure, which is a common type of consolidation during an ongoing trend. Volume has reduced during this period, which is normal in this kind of structure. A break abov

by siripireddyvenu

Glenmark 30% upside possible in next 6 -8 Months Glenmark Weekly chart suggest 30% Upside in coming 6-8 Month. Glenmark has created bottom near 1250-1300 & have been making HH HL. LTP - 1967 SL - 1775 Targets ... 2550+ Timeframe - 6-8 Months. Happy Invetsing.

by ChartsBoltahai

Next Forecast Pattern based I am just posting my view This is very high probable pattern will unfold in coming days This is education content Good luck

by ShreeKrishna_F

GLENMARK - 50% Fibonacci Retracement as Support 📍 50% Fibonacci Retracement as Support Although the 50% retracement is not an official Fibonacci ratio, it is one of the most widely used and most respected levels in technical analysis. Why? Because markets often retrace half of a strong move before continuing the trend. ✅ What It Means When the price has rallied and then pulls back, the 50% level of that move often acts as a strong support zone, where buyers step back in. 📘 How It Works Identify a strong up-move (swing low → swing high).

by BhavnaJain12