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(GMBREW) Gm Breweries complete technical analysis [charts+indicators] | Buy/Sell Gm Breweries | (GMBREW) share price targets

Complete technical analysis of Gm Breweries (GMBREW) by charts plus indicators, forecast predictions and share price targets for Gm Breweries (GMBREW)

Gm Breweries trades in NSE in Breweries & Distilleries sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Gm Breweries is 22633

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	616.70	615.60	625.55	615.00	1.076 times
29 Thu Feb 2024	615.60	626.00	626.95	613.15	1.304 times
28 Wed Feb 2024	622.80	634.70	635.00	621.00	0.908 times
27 Tue Feb 2024	629.75	635.35	639.55	626.40	0.91 times
26 Mon Feb 2024	629.05	635.00	644.85	628.15	1.224 times
23 Fri Feb 2024	630.30	639.55	639.55	629.50	1.066 times
22 Thu Feb 2024	633.65	648.00	648.00	630.05	1.484 times
21 Wed Feb 2024	641.80	652.00	652.00	635.00	0.929 times
20 Tue Feb 2024	645.45	645.30	650.95	643.00	0.639 times
19 Mon Feb 2024	647.30	643.10	648.85	640.05	0.753 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 615.2, for a target of 625.1 or 633.45

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	613.15
Upside Target	652.00
Upside Target	658.00
Upside Target	659.00
Upside Target	660.00
Upside Target	686.65
Upside Target	718.95
Upside Target	732.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	604.95
Downside Intraday Target	593.2
Upside Intraday Target	636.65
Upside Intraday Target	656.6
Upside Intraday Target	624.9

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	616.70	635.00	644.85	613.15	1.113 times
23 Fri Feb 2024	630.30	643.10	652.00	629.50	1.025 times
16 Fri Feb 2024	642.55	658.00	658.00	625.00	0.7 times
09 Fri Feb 2024	641.10	654.00	660.00	622.15	1.404 times
02 Fri Feb 2024	647.25	650.15	659.00	642.00	1.005 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Gm Breweries (GMBREW)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	616.70	615.60	625.55	615.00	0.048 times
29 Thu Feb 2024	615.60	651.10	660.00	613.15	0.312 times
31 Wed Jan 2024	650.75	716.10	732.00	642.00	1.399 times
29 Fri Dec 2023	705.50	656.00	718.95	652.00	1.61 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gm Breweries (GMBREW)

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Gm Breweries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Gm Breweries in short term and the sell signal is strong.

Gm Breweries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gm Breweries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gm Breweries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 629.86 and Gm Breweries (GMBREW) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Gm Breweries (GMBREW) stock. Volume based technical analysis of Gm Breweries (GMBREW) stock is negative.

Gm Breweries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.