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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 2024-05-09 View latest technical analysis

10 day averaged volume of Gm Breweries is 110959

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	747.85	762.00	762.00	741.10	0.611 times
08 Wed May 2024	768.35	770.00	777.95	763.00	0.43 times
07 Tue May 2024	764.90	779.00	780.00	759.00	0.327 times
06 Mon May 2024	774.20	779.00	779.00	757.75	0.453 times
03 Fri May 2024	768.90	787.00	787.00	766.05	0.47 times
02 Thu May 2024	780.85	782.05	795.00	773.10	0.66 times
30 Tue Apr 2024	782.05	800.00	825.00	779.00	3.487 times
29 Mon Apr 2024	794.45	789.80	798.00	785.00	0.905 times
26 Fri Apr 2024	782.30	785.75	798.25	774.75	1.255 times
25 Thu Apr 2024	776.95	759.45	797.00	759.45	1.245 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 755.2, but if it comes above 755.2, then a intra day buy could be more profitable.
If you take a sell trade below 755.2, then use 755.2 as stoploss and 740.8 as target. However if you take a buy trade in stock , then use 755.2 as stoploss and 767.1 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
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	732.63
Downside Intraday Target	717.42
Upside Intraday Target	771.53
Upside Intraday Target	795.22
Upside Intraday Target	756.32

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	747.85	779.00	780.00	741.10	0.33 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
09 Thu May 2024	747.85	782.05	795.00	741.10	0.054 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 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 Weak 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 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 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 778.21 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 positive

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