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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 2024-09-02 View latest technical analysis

10 day averaged volume of Gm Breweries is 279028

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	860.60	880.15	888.80	851.10	0.782 times
30 Fri Aug 2024	877.75	832.90	946.80	827.00	5.996 times
29 Thu Aug 2024	828.15	831.00	836.45	819.80	0.166 times
28 Wed Aug 2024	833.90	847.80	847.80	832.00	0.131 times
27 Tue Aug 2024	842.55	839.90	854.00	836.00	0.201 times
26 Mon Aug 2024	836.80	852.80	852.80	835.00	0.223 times
23 Fri Aug 2024	840.20	849.30	874.60	835.00	0.546 times
22 Thu Aug 2024	849.30	830.00	860.00	828.55	0.961 times
21 Wed Aug 2024	827.55	830.00	839.85	821.20	0.268 times
20 Tue Aug 2024	829.80	809.65	833.00	804.10	0.696 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 845.9, but if it comes below 845.9, then a intra day sell could be more profitable.
If you take a sell trade below 845.9, then use 845.9 as stoploss and 809.65 as target. However if you take a buy trade in stock , then use 845.9 as stoploss and 889.4 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
Downside Target	772.05
Downside Target	794.00
Downside Target	813.25
Downside Target	851.10
Upside Target	874.60
Upside Target	888.80
Upside Target	946.80
Upside Target	948.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	844.87
Downside Intraday Target	829.13
Upside Intraday Target	882.57
Upside Intraday Target	904.53
Upside Intraday Target	866.83

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	860.60	880.15	888.80	851.10	0.116 times
30 Fri Aug 2024	877.75	852.80	946.80	819.80	2.047 times
23 Fri Aug 2024	840.20	774.75	874.60	772.05	2.953 times
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

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
02 Mon Sep 2024	860.60	880.15	888.80	851.10	0.062 times
30 Fri Aug 2024	877.75	826.95	946.80	754.20	0.224 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

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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

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 863.88 and Gm Breweries (GMBREW) stock is trading below this level. This means that stock is falling with high volumes. 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.