GLENMARK CREATED HEAVY DEMAND LAST TIME IN THIS DEMAND ZONE

In the short-term, the stock may try to bounce back. It finds immediate support at ₹275 and a crucial one at ₹267. A close below the latter could trigger another bout of selling that could drag Glenmark Pharma below the ₹230 level. On the other hand, according to gann theory 1 unit of price/day = the motion of the earth around the sun such as we can see in the chart. but it will take some time for price and time balancing.