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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 2024-03-14 View latest technical analysis

10 day averaged volume of Gm Breweries is 24656

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	592.25	584.20	598.75	580.05	0.641 times
13 Wed Mar 2024	584.20	610.85	614.15	580.55	2.192 times
12 Tue Mar 2024	610.85	612.20	620.15	607.00	0.751 times
11 Mon Mar 2024	616.40	625.00	625.00	615.00	0.829 times
07 Thu Mar 2024	620.35	614.55	624.90	614.55	0.793 times
06 Wed Mar 2024	620.20	623.00	625.95	616.60	1.1 times
05 Tue Mar 2024	620.80	616.50	630.00	614.85	0.948 times
04 Mon Mar 2024	616.50	624.60	627.45	612.45	0.976 times
02 Sat Mar 2024	623.65	622.70	628.10	612.00	0.227 times
01 Fri Mar 2024	616.70	615.60	625.55	615.00	0.988 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 588.7, for a target of 607.4 or 623.01

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.05
Upside Target	612.00
Upside Target	642.00
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	573.2
Downside Intraday Target	554.15
Upside Intraday Target	618.15
Upside Intraday Target	644.05
Upside Intraday Target	599.1

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	592.25	625.00	625.00	580.05	1.156 times
07 Thu Mar 2024	620.35	624.60	630.00	612.45	0.733 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

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
14 Thu Mar 2024	592.25	615.60	630.00	580.05	0.462 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 down 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 gaining 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 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 SELL signal for Gm Breweries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 608.28 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.