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 2024-05-21 View latest technical analysis

10 day averaged volume of Gm Breweries is 55276

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	801.95	806.00	813.85	790.00	3.701 times
18 Sat May 2024	790.10	792.05	793.00	785.95	0.458 times
17 Fri May 2024	781.15	761.00	789.00	756.05	2.587 times
16 Thu May 2024	752.95	763.00	766.40	745.85	0.608 times
15 Wed May 2024	758.50	760.00	760.35	751.50	0.317 times
14 Tue May 2024	753.10	764.05	765.00	749.05	0.667 times
13 Mon May 2024	754.05	742.00	765.80	730.00	1.657 times
10 Fri May 2024	744.50	740.00	750.90	732.00	0.958 times
09 Thu May 2024	747.85	762.00	762.00	741.10	1.227 times
08 Wed May 2024	768.35	770.00	777.95	763.00	0.864 times

Stock of Gm Breweries (GMBREW) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 804.6, for a target of 785.8 or 770.2

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	790.00
Downside Target	793.00
Downside Target	798.25
Upside Target	813.85
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	790.02
Downside Intraday Target	778.08
Upside Intraday Target	813.87
Upside Intraday Target	825.78
Downside Intraday Target	801.93

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	801.95	806.00	813.85	790.00	0.588 times
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

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
21 Tue May 2024	801.95	782.05	813.85	730.00	0.153 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 773.95 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.