GLENMARK // LEVEL // 3H

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Let's take a closer look at the 3-hour candlestick chart for Glenmark Pharmaceuticals Limited (GLENMARK), a leading Indian pharmaceutical company.

Here are some key insights based on the 3-hour chart:

Current Trend: GLENMARK has been trading in an upward trend, with a slight pullback over the past few hours.

Resistance and Support: The stock has a strong resistance level at around ₹630-640 and support level at around ₹610-620.

Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.

Momentum: The RSI (Relative Strength Index) is above 50, indicating that the stock is in an overbought zone.