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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 2024-05-07 View latest technical analysis

10 day averaged volume of Gm Breweries is 116012

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	764.90	779.00	780.00	759.00	0.313 times
06 Mon May 2024	774.20	779.00	779.00	757.75	0.433 times
03 Fri May 2024	768.90	787.00	787.00	766.05	0.45 times
02 Thu May 2024	780.85	782.05	795.00	773.10	0.632 times
30 Tue Apr 2024	782.05	800.00	825.00	779.00	3.335 times
29 Mon Apr 2024	794.45	789.80	798.00	785.00	0.866 times
26 Fri Apr 2024	782.30	785.75	798.25	774.75	1.2 times
25 Thu Apr 2024	776.95	759.45	797.00	759.45	1.19 times
24 Wed Apr 2024	759.45	774.00	775.00	754.95	0.734 times
23 Tue Apr 2024	767.45	775.00	775.00	763.00	0.438 times

My analysis of stock is bearish for shortterm, and stock might move down till 755.6 or till 741.8. Use a stoploss of 767.1 and if the stock hits stoploss, then it can shoot up till 778.6

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
Upside Target	779.00
Upside Target	780.00
Upside Target	795.00
Upside Target	798.25
Upside Target	799.25
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	755.1
Downside Intraday Target	745.3
Upside Intraday Target	777.35
Upside Intraday Target	789.8
Upside Intraday Target	767.55

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	764.90	779.00	780.00	757.75	0.141 times
03 Fri May 2024	768.90	789.80	825.00	766.05	1.233 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

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
07 Tue May 2024	764.90	782.05	795.00	757.75	0.035 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

Gm Breweries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 778.56 and Gm Breweries (GMBREW) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.