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BSE
NSE
Index
fx
GLENMARK.NS
NSE
Glenmark Pharmaceuticals
STAY SHORT
Close
2174
Prev.Close
2185
Change
-11.0000
Change%
-0.50%
BULLISH DESCENT BLOCK
Sold at
2261.75
Open
2194
High
2222
Low
2148
Close
2174
Gain%
-3.88%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
INR100⇨
01-06
2262
SHORT
-3.9%
✔
93
26-05
2351
BUY
-3.8%
❌
98
04-05
2395
SELL
-1.9%
✔
99
15-04
2244
BUY
+6.7%
✔
93
10-04
2163
SHORT
+3.7%
❌
98
25-03
2142
BUY
+1.0%
✔
99
13-03
2229
SELL
-3.9%
✔
100
11-02
1986
BUY
+12.2%
✔ 👍
89
02-02
1924
SHORT
+3.2%
❌
94
30-01
2011
BUY
-4.4%
❌
99
09-01
2062
SHORT
-2.5%
✔
98
31-12
2035
BUY
+1.3%
✔
98
24-12
2032
SELL
+0.2%
❌
99
19-12
1971
BUY
+3.1%
✔
97
08-12
1949
SELL
+1.2%
❌
97
04-12
1972
BUY
-1.2%
❌
99
† Trade commissions are taken as 0.70%.
Date
Price
Signal
Change%
INR100⇨
01-06
2262
SHORT
-3.9%
✔
100
26-05
2351
BUY
-3.8%
❌
105
04-05
2395
SELL
-1.9%
✔
106
15-04
2244
BUY
+6.7%
✔
100
10-04
2163
SHORT
+3.7%
❌
105
25-03
2142
BUY
+1.0%
✔
106
13-03
2229
SELL
-3.9%
✔
107
11-02
1986
BUY
+12.2%
✔ 👍
96
02-02
1924
SHORT
+3.2%
❌
100
30-01
2011
BUY
-4.4%
❌
106
09-01
2062
SHORT
-2.5%
✔
105
31-12
2035
BUY
+1.3%
✔
105
24-12
2032
SELL
+0.2%
❌
106
19-12
1971
BUY
+3.1%
✔
104
08-12
1949
SELL
+1.2%
❌
104
04-12
1972
BUY
-1.2%
❌
106
01-12
1942
SELL
+1.5%
❌
107
26-11
1893
BUY
+2.6%
✔
105
24-11
1842
SHORT
+2.7%
❌
110
13-11
1873
BUY
-1.6%
❌
113
06-11
1834
SHORT
+2.1%
❌
117
29-10
1828
BUY
+0.4%
✔
118
13-10
1918
SHORT
-4.7%
✔
114
25-08
1952
BUY
-1.8%
❌
118
18-08
1998
SHORT
-2.3%
✔
117
12-08
2058
BUY
-2.9%
❌
122
05-08
2063
SHORT
-0.2%
✔
124
29-07
2158
BUY
-4.4%
❌
131
21-07
2208
SELL
-2.3%
✔
132
11-07
2106
BUY
+4.8%
✔
127
09-07
1819
SELL
+15.8%
❌
128
23-06
1648
BUY
+10.4%
✔ 👍
117
17-06
1665
SELL
-1.0%
✔
118
05-06
1522
BUY
+9.4%
✔
108
20-05
1436
SELL
+6.0%
❌
109
23-04
1409
BUY
+2.0%
✔
108
04-04
1500
SELL
-6.1%
✔
108
28-03
1535
BUY
-2.3%
❌
112
25-03
1484
SELL
+3.5%
❌
113
04-03
1321
BUY
+12.3%
✔ 👍
101
21-02
1334
SHORT
-1.0%
✔
101
18-02
1379
BUY
-3.3%
❌
106
11-02
1501
SELL
-8.1%
✔
107
05-02
1460
BUY
+2.8%
✔
105
27-01
1433
SHORT
+1.9%
❌
108
23-01
1511
BUY
-5.2%
❌
116
09-01
1618
SELL
-6.6%
✔
117
16-12
1551
BUY
+4.3%
✔
113
04-12
1549
SHORT
+0.2%
❌
115
02-12
1538
BUY
+0.7%
✔
115
28-11
1513
SHORT
+1.7%
❌
119
26-11
1521
BUY
-0.6%
❌
121
11-11
1645
SHORT
-7.5%
✔
114
04-11
1699
BUY
-3.2%
❌
120
30-10
1670
SHORT
+1.8%
❌
124
28-10
1714
BUY
-2.5%
❌
129
16-10
1794
SELL
-4.5%
✔
130
07-10
1675
BUY
+7.1%
✔
122
25-09
1689
SHORT
-0.8%
✔
123
23-09
1712
BUY
-1.4%
❌
126
17-09
1731
SELL
-1.1%
✔
127
05-09
1709
BUY
+1.3%
✔
126
02-09
1688
SELL
+1.3%
❌
127
07-08
1460
BUY
+15.6%
✔ 👍
111
30-07
1433
SELL
+1.9%
❌
112
28-06
1231
BUY
+16.4%
✔ 👍
97
25-06
1213
SELL
+1.4%
❌
97
13-06
1212
BUY
+0.1%
✔
98
11-06
1191
SELL
+1.8%
❌
99
06-06
1192
BUY
-0.1%
❌
99
† Trade commissions are taken as 0.70%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY SHORT
. The previous
SHORT
signal was issued on 01-06-2026, 2 days ago, when the stock price was 2262. Since then,
GLENMARK.NS
has fallen by
-3.88%
.
Market Outlook
Bear market rallies can be severe reversals, causing difficulties for those holding short positions. Therefore, it's advisable to remain vigilant, despite the relative comfort provided by the ongoing bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to
STAY SHORT
; however, the chance of a bullish confirmation that will change the signal to
BUY
is quite high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
Pattern Description
This pattern consists of three consecutive black candlesticks, each closing lower than the previous one in a downtrend. It is the counterpart of the Bearish Advanced Block Pattern.
more...
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