Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-02 View latest technical analysis

10 day averaged volume of Gm Breweries is 119655

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	780.85	782.05	795.00	773.10	0.612 times
30 Tue Apr 2024	782.05	800.00	825.00	779.00	3.233 times
29 Mon Apr 2024	794.45	789.80	798.00	785.00	0.839 times
26 Fri Apr 2024	782.30	785.75	798.25	774.75	1.164 times
25 Thu Apr 2024	776.95	759.45	797.00	759.45	1.154 times
24 Wed Apr 2024	759.45	774.00	775.00	754.95	0.712 times
23 Tue Apr 2024	767.45	775.00	775.00	763.00	0.424 times
22 Mon Apr 2024	765.35	755.00	775.00	752.05	0.7 times
19 Fri Apr 2024	750.50	750.00	756.50	738.65	0.633 times
18 Thu Apr 2024	758.50	765.10	779.00	756.70	0.6 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 778.9, but if it comes below 778.9, then a intra day sell could be more profitable.
If you take a sell trade below 778.9, then use 778.9 as stoploss and 765.54 as target. However if you take a buy trade in stock , then use 778.9 as stoploss and 794.9 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.05
Downside Target	613.15
Downside Target	642.00
Downside Target	660.00
Downside Target	732.00
Downside Target	773.10
Downside Target	779.00
Upside Target	795.00
Upside Target	798.25
Upside Target	799.25
Upside Target	814.75
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	760.97
Downside Intraday Target	741.08
Upside Intraday Target	812.87
Upside Intraday Target	844.88
Upside Intraday Target	792.98

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	780.85	789.80	825.00	773.10	1.128 times
26 Fri Apr 2024	782.30	755.00	798.25	752.05	1.488 times
19 Fri Apr 2024	750.50	755.00	779.00	734.55	0.523 times
12 Fri Apr 2024	770.25	769.00	799.25	743.00	0.154 times
05 Fri Apr 2024	758.90	650.00	814.75	645.00	25.106 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
02 Thu May 2024	780.85	782.05	795.00	773.10	0.012 times
30 Tue Apr 2024	782.05	650.00	825.00	645.00	8.919 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

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 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 losing momentum.

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

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 in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 775.69 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.