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 2024-06-21 View latest technical analysis

10 day averaged volume of Gm Breweries is 50194

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	651.35	638.90	661.95	636.10	3.698 times
20 Thu Jun 2024	635.30	640.00	640.00	630.80	1.367 times
19 Wed Jun 2024	630.15	632.00	634.25	618.05	0.933 times
18 Tue Jun 2024	629.10	636.45	639.80	628.00	0.844 times
14 Fri Jun 2024	634.35	640.00	644.00	633.05	0.781 times
13 Thu Jun 2024	635.85	637.00	639.95	632.00	0.701 times
12 Wed Jun 2024	631.40	641.00	647.25	627.00	1.089 times
11 Tue Jun 2024	641.40	644.60	646.30	637.00	0.99 times
10 Mon Jun 2024	637.65	641.75	649.90	634.10	1.471 times
07 Fri Jun 2024	631.20	622.00	635.40	619.70	1.077 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 648.2, but if it comes below 648.2, then a intra day sell could be more profitable.
If you take a sell trade below 648.2, then use 648.2 as stoploss and 631.28 as target. However if you take a buy trade in stock , then use 648.2 as stoploss and 668.5 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	613.15
Downside Target	649.90
Upside Target	660.00
Upside Target	661.95
Upside Target	668.25
Upside Target	679.00
Upside Target	813.85
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	625.62
Downside Intraday Target	599.88
Upside Intraday Target	669.52
Upside Intraday Target	687.68
Downside Intraday Target	643.78

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	651.35	636.45	661.95	618.05	1.36 times
14 Fri Jun 2024	634.35	641.75	649.90	627.00	0.723 times
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

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 Fri Jun 2024	651.35	629.00	661.95	580.00	0.52 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a mid to longer 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.

ADX buy sell signal for Gm Breweries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Gm Breweries in short term but the buy 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 red color and prices are in or above 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 639.15 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 negative.

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