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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 2024-05-18 View latest technical analysis

10 day averaged volume of Gm Breweries is 57769

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	790.10	792.05	793.00	785.95	0.438 times
17 Fri May 2024	781.15	761.00	789.00	756.05	2.475 times
16 Thu May 2024	752.95	763.00	766.40	745.85	0.581 times
15 Wed May 2024	758.50	760.00	760.35	751.50	0.303 times
14 Tue May 2024	753.10	764.05	765.00	749.05	0.639 times
13 Mon May 2024	754.05	742.00	765.80	730.00	1.586 times
10 Fri May 2024	744.50	740.00	750.90	732.00	0.917 times
09 Thu May 2024	747.85	762.00	762.00	741.10	1.174 times
08 Wed May 2024	768.35	770.00	777.95	763.00	0.827 times
07 Tue May 2024	764.90	779.00	780.00	759.00	0.628 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 782.2, but if it comes below 782.2, then a intra day sell could be more profitable.
If you take a sell trade below 782.2, then use 782.2 as stoploss and 768.37 as target. However if you take a buy trade in stock , then use 782.2 as stoploss and 798.8 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	730.00
Downside Target	752.05
Downside Target	779.00
Downside Target	780.00
Upside Target	793.00
Upside Target	795.00
Upside Target	798.25
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	749.07
Downside Intraday Target	708.03
Upside Intraday Target	812.07
Upside Intraday Target	834.03
Downside Intraday Target	771.03

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	790.10	742.00	793.00	730.00	1.364 times
10 Fri May 2024	744.50	779.00	780.00	732.00	0.416 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

Price has moved up 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
18 Sat May 2024	790.10	782.05	795.00	730.00	0.119 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 up 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 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 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 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.

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

Gm Breweries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 762.99 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.