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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 2024-03-05 View latest technical analysis

10 day averaged volume of Gm Breweries is 23111

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	620.80	616.50	630.00	614.85	1.011 times
04 Mon Mar 2024	616.50	624.60	627.45	612.45	1.041 times
02 Sat Mar 2024	623.65	622.70	628.10	612.00	0.242 times
01 Fri Mar 2024	616.70	615.60	625.55	615.00	1.054 times
29 Thu Feb 2024	615.60	626.00	626.95	613.15	1.277 times
28 Wed Feb 2024	622.80	634.70	635.00	621.00	0.889 times
27 Tue Feb 2024	629.75	635.35	639.55	626.40	0.891 times
26 Mon Feb 2024	629.05	635.00	644.85	628.15	1.199 times
23 Fri Feb 2024	630.30	639.55	639.55	629.50	1.044 times
22 Thu Feb 2024	633.65	648.00	648.00	630.05	1.453 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 621.7, but if it comes above 621.7, then a intra day buy could be more profitable.
If you take a sell trade below 621.7, then use 621.7 as stoploss and 610.3 as target. However if you take a buy trade in stock , then use 621.7 as stoploss and 631.24 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	612.00
Upside Target	644.85
Upside Target	652.00
Upside Target	658.00
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	612.17
Downside Intraday Target	603.53
Upside Intraday Target	629.72
Upside Intraday Target	638.63
Upside Intraday Target	621.08

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	620.80	624.60	630.00	612.45	0.37 times
02 Sat Mar 2024	623.65	635.00	644.85	612.00	1.164 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

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
05 Tue Mar 2024	620.80	615.60	630.00	612.00	0.154 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gm Breweries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 624.12 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.