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Tuesday, 1 October, 2022 Stock : Supriya Life Science Symbol : SUPRIYA CMP : 274 (NSE)
Glenmark Life Sciences is a leading pharmaceutical company that focuses on the development, manufacturing, and marketing of active pharmaceutical ingredients (APIs) and intermediates. The company's stock has been performing well in the market, and here is a report on the current support and resistance levels, along with a strategy and conclusion.
Current Condition:
Made all time high of 601.90 on 18/01/2022
It has taken support around 170.15
Stock currently is in uptrend trend.
Upside major resistance is at 325 - 320
And short-term top level is around 340-349
October month support level is at 254 or you can say it is the bottom levels.
Buying strategy:
consult your financial advisor
Support levels are :
Support -1 | 263 |
Support -2 | 254 |
Resistance levels on upside are :
Resistance - 1 | 325 |
Resistance - 2 | 349 |
Conclusion :
Fresh buying at current levels can be initiated a/c to your financial advisor.
Major support level is at 254 which is a good level for investors to accumulate.
Note:
There would be a possibility that After reaching 254 (bottom) level stock have eventually come to a new level of 325 (resistance).
Special Note:
This is just a study of chart please don't take it seriously we are not responsible for any profit and loss you have suffered.
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