GLENMARK 1 Day Time Frame

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📌 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): ~₹1,921

👉 Above pivot (~2,012) = mild bullish bias on the daily.
👉 Below pivot = bearish/neutral intraday bias.

📊 Intraday Interpretation

Bullish levels to watch
Break above R1 (~₹2,033) → potential move up toward R2 (~₹2,068).
Sustained move above ₹2,068–₹2,088 suggests stronger upside continuation.

Bearish levels / support levels
Break below S1 (~₹1,977) could open downside toward S2/S3 (~₹1,956 / ₹1,921).
A close below ~₹1,950 for the day signals weakness in momentum.

These daily levels are commonly used for intraday pivot-based strategies and reflect key price zones.

Penafian

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