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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 2024-07-02 View latest technical analysis

10 day averaged volume of Gm Breweries is 85279

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	796.40	673.00	796.40	671.25	39.657 times
01 Mon Jul 2024	663.70	635.00	668.90	635.00	1.409 times
28 Fri Jun 2024	634.85	645.00	654.70	625.00	0.94 times
27 Thu Jun 2024	643.45	646.55	655.20	640.00	0.396 times
26 Wed Jun 2024	646.55	660.00	666.35	640.05	0.571 times
25 Tue Jun 2024	656.70	670.00	673.80	652.05	0.685 times
24 Mon Jun 2024	667.60	653.25	673.95	650.60	1.972 times
21 Fri Jun 2024	651.35	638.90	661.95	636.10	2.177 times
20 Thu Jun 2024	635.30	640.00	640.00	630.80	0.804 times
19 Wed Jun 2024	630.15	632.00	634.25	618.05	0.549 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 730.1, for a target of 683.1 or 643.86

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	615.05
Downside Target	649.90
Downside Target	661.95
Downside Target	668.25
Downside Target	673.95
Downside Target	796.40
Upside Target	813.85
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	688.8
Downside Intraday Target	581.2
Upside Intraday Target	850.2
Upside Intraday Target	904
Downside Intraday Target	742.6

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	796.40	635.00	796.40	635.00	8.998 times
28 Fri Jun 2024	634.85	653.25	673.95	625.00	1.133 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Gm Breweries (GMBREW)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	796.40	635.00	796.40	635.00	2.625 times
28 Fri Jun 2024	634.85	629.00	673.95	580.00	0.734 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Gm Breweries ( (GMBREW) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 BUY signal in short term and the buying is gaining 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 768.51 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.