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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 2024-06-07 View latest technical analysis

10 day averaged volume of Gm Breweries is 95691

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	631.20	622.00	635.40	619.70	0.565 times
06 Thu Jun 2024	617.15	605.00	622.00	604.75	0.393 times
05 Wed Jun 2024	600.85	602.00	613.90	580.00	0.86 times
04 Tue Jun 2024	592.15	631.95	631.95	584.00	1.006 times
03 Mon Jun 2024	624.45	629.00	634.00	618.05	0.825 times
31 Fri May 2024	617.05	623.00	628.10	615.05	0.334 times
30 Thu May 2024	623.15	631.70	633.05	620.00	0.237 times
29 Wed May 2024	634.20	630.05	639.80	621.00	0.655 times
28 Tue May 2024	635.10	654.85	654.95	632.25	0.678 times
27 Mon May 2024	650.50	679.00	679.00	645.10	1.012 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 617.4 as stoploss in an intra day buy trade for a target of 693.79. However, stock will show a bearish move below 617.4.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	613.15
Upside Target	635.40
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	595.67
Downside Intraday Target	560.13
Upside Intraday Target	651.07
Upside Intraday Target	670.93
Downside Intraday Target	615.53

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	631.20	629.00	635.40	580.00	1.251 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
07 Fri Jun 2024	631.20	629.00	635.40	580.00	0.192 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 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 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.

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

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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 622.22 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 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.