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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 2024-09-18 View latest technical analysis

10 day averaged volume of Gm Breweries is 399901

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	937.90	988.75	988.75	930.05	0.949 times
17 Tue Sep 2024	991.30	994.00	1049.00	982.20	2.138 times
16 Mon Sep 2024	986.30	930.00	1009.70	917.45	4.862 times
13 Fri Sep 2024	892.50	902.00	920.00	885.10	0.352 times
12 Thu Sep 2024	902.00	892.40	910.00	881.05	0.306 times
11 Wed Sep 2024	889.90	890.85	923.60	876.50	0.758 times
10 Tue Sep 2024	890.85	829.00	905.00	829.00	0.788 times
09 Mon Sep 2024	826.25	839.65	843.95	815.25	0.229 times
06 Fri Sep 2024	839.65	859.80	863.50	833.10	0.201 times
05 Thu Sep 2024	854.30	855.75	882.80	850.15	0.202 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 921.8, but if it comes below 921.8, then a intra day sell could be more profitable.
If you take a sell trade below 921.8, then use 921.8 as stoploss and 874.45 as target. However if you take a buy trade in stock , then use 921.8 as stoploss and 978.5 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	813.85
Downside Target	874.60
Downside Target	917.45
Upside Target	946.80
Upside Target	948.00
Upside Target	1049.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	887.23
Downside Intraday Target	836.57
Upside Intraday Target	1018.78
Upside Intraday Target	1099.67
Upside Intraday Target	968.12

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	937.90	930.00	1049.00	917.45	3.267 times
13 Fri Sep 2024	892.50	839.65	923.60	815.25	1.738 times
06 Fri Sep 2024	839.65	880.15	888.80	833.10	0.299 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

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
18 Wed Sep 2024	937.90	880.15	1049.00	815.25	1.328 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 up 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 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 losing 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 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 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 955.23 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 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.