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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 2024-07-08 View latest technical analysis

10 day averaged volume of Gm Breweries is 1325763

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	907.30	918.00	928.80	890.10	0.221 times
05 Fri Jul 2024	904.10	898.80	918.90	865.10	0.51 times
04 Thu Jul 2024	893.30	922.00	922.00	882.00	0.881 times
03 Wed Jul 2024	928.00	825.00	948.00	815.40	5.674 times
02 Tue Jul 2024	796.40	673.00	796.40	671.25	2.551 times
01 Mon Jul 2024	663.70	635.00	668.90	635.00	0.091 times
28 Fri Jun 2024	634.85	645.00	654.70	625.00	0.06 times
27 Thu Jun 2024	643.45	646.55	655.20	640.00	0.025 times
26 Wed Jun 2024	646.55	660.00	666.35	640.05	0.037 times
25 Tue Jun 2024	656.70	670.00	673.80	652.05	0.044 times

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 941.6, for a target of 811.7 or 703.43

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	615.05
Downside Target	668.25
Downside Target	673.95
Downside Target	813.85
Downside Target	825.00
Downside Target	890.10
Upside Target	928.80
Upside Target	948.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	888.67
Downside Intraday Target	870.03
Upside Intraday Target	927.37
Upside Intraday Target	947.43
Upside Intraday Target	908.73

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	907.30	918.00	928.80	890.10	0.023 times
05 Fri Jul 2024	904.10	635.00	948.00	635.00	33.064 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

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
08 Mon Jul 2024	907.30	635.00	948.00	635.00	9.863 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 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.

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

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Gm Breweries in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 883 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.