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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 2024-05-27 View latest technical analysis

10 day averaged volume of Gm Breweries is 115909

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	650.50	679.00	679.00	645.10	0.836 times
24 Fri May 2024	673.15	684.00	688.70	649.00	3.302 times
23 Thu May 2024	793.10	803.85	807.95	791.00	1.014 times
22 Wed May 2024	791.95	808.35	809.00	781.25	0.917 times
21 Tue May 2024	801.95	806.00	813.85	790.00	1.765 times
18 Sat May 2024	790.10	792.05	793.00	785.95	0.218 times
17 Fri May 2024	781.15	761.00	789.00	756.05	1.234 times
16 Thu May 2024	752.95	763.00	766.40	745.85	0.29 times
15 Wed May 2024	758.50	760.00	760.35	751.50	0.151 times
14 Tue May 2024	753.10	764.05	765.00	749.05	0.318 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 679.4, for a target of 724.1 or 761.33

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.05
Downside Target	613.15
Downside Target	642.00
Upside Target	730.00
Upside Target	732.00
Upside Target	766.05
Upside Target	780.00
Upside Target	793.00
Upside Target	813.85
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	637.4
Downside Intraday Target	624.3
Upside Intraday Target	671.3
Upside Intraday Target	692.1
Upside Intraday Target	658.2

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	650.50	679.00	679.00	645.10	0.119 times
24 Fri May 2024	673.15	806.00	813.85	649.00	2.332 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

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
27 Mon May 2024	650.50	782.05	813.85	645.10	0.268 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short to mid 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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up 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 738.78 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 negative.

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