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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 2024-06-06 View latest technical analysis

10 day averaged volume of Gm Breweries is 103688

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	617.15	605.00	622.00	604.75	0.362 times
05 Wed Jun 2024	600.85	602.00	613.90	580.00	0.794 times
04 Tue Jun 2024	592.15	631.95	631.95	584.00	0.929 times
03 Mon Jun 2024	624.45	629.00	634.00	618.05	0.761 times
31 Fri May 2024	617.05	623.00	628.10	615.05	0.308 times
30 Thu May 2024	623.15	631.70	633.05	620.00	0.219 times
29 Wed May 2024	634.20	630.05	639.80	621.00	0.605 times
28 Tue May 2024	635.10	654.85	654.95	632.25	0.625 times
27 Mon May 2024	650.50	679.00	679.00	645.10	0.934 times
24 Fri May 2024	673.15	684.00	688.70	649.00	3.691 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 623.7, but if it comes above 623.7, then a intra day buy could be more profitable.
If you take a sell trade below 623.7, then use 623.7 as stoploss and 532.9 as target. However if you take a buy trade in stock , then use 623.7 as stoploss and 699.46 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	613.15
Upside Target	634.00
Upside Target	679.00
Upside Target	730.00
Upside Target	732.00
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	586.77
Downside Intraday Target	556.38
Upside Intraday Target	640.77
Upside Intraday Target	664.38
Downside Intraday Target	610.38

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	617.15	629.00	634.00	580.00	1.058 times
31 Fri May 2024	617.05	679.00	679.00	615.05	0.344 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

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
06 Thu Jun 2024	617.15	629.00	634.00	580.00	0.162 times
31 Fri May 2024	617.05	782.05	813.85	615.05	0.298 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

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Gm Breweries in short term and the sell signal is strong.

Gm Breweries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gm Breweries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 642.08 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.