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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 2024-08-16 View latest technical analysis

10 day averaged volume of Gm Breweries is 72855

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	769.85	765.50	776.00	764.75	0.4 times
14 Wed Aug 2024	760.70	772.15	779.00	756.30	0.622 times
13 Tue Aug 2024	773.95	807.45	809.00	768.10	1.383 times
12 Mon Aug 2024	801.15	770.55	813.25	763.90	1.853 times
09 Fri Aug 2024	778.40	778.00	789.85	766.45	0.551 times
08 Thu Aug 2024	773.85	781.10	788.00	772.40	0.57 times
07 Wed Aug 2024	779.05	769.65	792.00	762.30	1.198 times
06 Tue Aug 2024	758.30	780.00	794.00	754.20	0.96 times
05 Mon Aug 2024	766.50	775.00	788.00	757.00	1.27 times
02 Fri Aug 2024	793.65	790.00	803.55	779.00	0.952 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 771.4, but if it comes above 771.4, then a intra day buy could be more profitable.
If you take a sell trade below 771.4, then use 771.4 as stoploss and 745.1 as target. However if you take a buy trade in stock , then use 771.4 as stoploss and 793.27 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	615.05
Downside Target	635.00
Downside Target	673.95
Downside Target	754.20
Upside Target	779.00
Upside Target	813.25
Upside Target	825.00
Upside Target	827.65
Upside Target	834.30
Upside Target	862.85
Upside Target	875.00
Upside Target	948.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	746.35
Downside Intraday Target	722.85
Upside Intraday Target	803.3
Upside Intraday Target	836.75
Upside Intraday Target	779.8

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	769.85	770.55	813.25	756.30	0.936 times
09 Fri Aug 2024	778.40	775.00	794.00	754.20	0.933 times
02 Fri Aug 2024	793.65	820.00	834.30	779.00	0.496 times
26 Fri Jul 2024	818.60	785.05	875.00	759.15	1.684 times
19 Fri Jul 2024	787.10	850.00	862.85	784.00	0.272 times

Price has moved down 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
16 Fri Aug 2024	769.85	826.95	827.65	754.20	0.048 times
31 Wed Jul 2024	821.45	635.00	948.00	635.00	11.852 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

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Gm Breweries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 778.39 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 negative.

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