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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 2024-04-08 View latest technical analysis

10 day averaged volume of Gm Breweries is 442354

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	757.40	769.00	770.00	751.65	0.255 times
05 Fri Apr 2024	758.90	749.90	768.00	743.55	0.782 times
04 Thu Apr 2024	743.40	790.60	814.75	733.20	4.895 times
03 Wed Apr 2024	781.95	756.00	784.95	749.95	1.028 times
02 Tue Apr 2024	751.30	725.05	755.00	724.40	0.914 times
01 Mon Apr 2024	715.20	650.00	722.70	645.00	1.746 times
28 Thu Mar 2024	634.00	644.95	649.40	630.10	0.084 times
27 Wed Mar 2024	640.15	663.00	667.00	631.05	0.138 times
26 Tue Mar 2024	661.80	660.00	668.25	654.60	0.151 times
22 Fri Mar 2024	657.30	628.05	660.75	628.05	0.199 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 724.4, but if it comes below 724.4, then a intra day sell could be more profitable.
If you take a sell trade below 724.4, then use 724.4 as stoploss and 661.86 as target. However if you take a buy trade in stock , then use 724.4 as stoploss and 799.3 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.05
Downside Target	591.75
Downside Target	613.15
Downside Target	668.25
Downside Target	718.95
Downside Target	732.00
Downside Target	751.65
Upside Target	770.00
Upside Target	814.75

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	749.37
Downside Intraday Target	741.33
Upside Intraday Target	767.72
Upside Intraday Target	778.03
Upside Intraday Target	759.68

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	757.40	769.00	770.00	751.65	0.027 times
05 Fri Apr 2024	758.90	650.00	814.75	645.00	25.106 times
28 Thu Mar 2024	634.00	660.00	668.25	630.10	0.631 times
22 Fri Mar 2024	657.30	596.00	660.75	591.75	1.956 times
15 Fri Mar 2024	590.50	625.00	625.00	580.05	1.42 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
08 Mon Apr 2024	757.40	650.00	814.75	645.00	6.221 times
28 Thu Mar 2024	634.00	615.60	668.25	580.05	1.358 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Gm Breweries in short term and the buy signal is strong.

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

Gm Breweries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Gm Breweries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 739.52 and Gm Breweries (GMBREW) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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