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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 2024-07-23 View latest technical analysis

10 day averaged volume of Gm Breweries is 207268

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	798.85	800.25	809.80	759.15	0.441 times
22 Mon Jul 2024	806.25	785.05	815.00	780.20	0.401 times
19 Fri Jul 2024	787.10	807.00	810.65	784.00	0.521 times
18 Thu Jul 2024	807.75	830.00	833.95	805.00	0.384 times
16 Tue Jul 2024	837.60	831.60	845.70	826.10	0.329 times
15 Mon Jul 2024	829.10	850.00	862.85	805.00	0.82 times
12 Fri Jul 2024	855.55	863.00	885.00	851.00	0.464 times
11 Thu Jul 2024	862.15	863.15	890.00	852.65	0.558 times
10 Wed Jul 2024	861.90	878.00	898.80	841.00	0.933 times
09 Tue Jul 2024	888.25	919.00	945.00	860.30	4.178 times

My analysis of stock is bearish for shortterm, and stock might move down till 704.8 or till 590. Use a stoploss of 800.44 and if the stock hits stoploss, then it can shoot up till 896.09

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	615.05
Downside Target	668.25
Downside Target	759.15
Downside Target	784.00
Upside Target	813.85
Upside Target	815.00
Upside Target	825.00
Upside Target	841.00
Upside Target	862.85
Upside Target	945.00
Upside Target	948.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	767
Downside Intraday Target	735.15
Upside Intraday Target	822.85
Upside Intraday Target	846.85
Downside Intraday Target	791

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	798.85	785.05	815.00	759.15	0.409 times
19 Fri Jul 2024	787.10	850.00	862.85	784.00	0.272 times
12 Fri Jul 2024	855.55	918.00	945.00	841.00	0.122 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

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
23 Tue Jul 2024	798.85	635.00	948.00	635.00	11.266 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Gm Breweries in short term and SELL 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

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 857.75 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 positive

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