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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 2024-03-15 View latest technical analysis

10 day averaged volume of Gm Breweries is 23285

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	590.50	598.85	598.85	588.10	1.067 times
14 Thu Mar 2024	592.25	584.20	598.75	580.05	0.678 times
13 Wed Mar 2024	584.20	610.85	614.15	580.55	2.321 times
12 Tue Mar 2024	610.85	612.20	620.15	607.00	0.795 times
11 Mon Mar 2024	616.40	625.00	625.00	615.00	0.878 times
07 Thu Mar 2024	620.35	614.55	624.90	614.55	0.84 times
06 Wed Mar 2024	620.20	623.00	625.95	616.60	1.165 times
05 Tue Mar 2024	620.80	616.50	630.00	614.85	1.004 times
04 Mon Mar 2024	616.50	624.60	627.45	612.45	1.033 times
02 Sat Mar 2024	623.65	622.70	628.10	612.00	0.24 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 584.2, for a target of 604 or 620.41

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	572.03
Downside Intraday Target	553.57
Upside Intraday Target	616.98
Upside Intraday Target	643.47
Upside Intraday Target	598.52

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	590.50	625.00	625.00	580.05	1.42 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
15 Fri Mar 2024	590.50	615.60	630.00	580.05	0.512 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 605.51 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.