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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 2024-10-28 View latest technical analysis

10 day averaged volume of Gm Breweries is 65476

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	785.40	762.95	789.70	757.00	0.646 times
25 Fri Oct 2024	765.30	785.65	794.45	757.00	0.894 times
24 Thu Oct 2024	785.65	788.00	804.90	775.10	0.775 times
23 Wed Oct 2024	784.15	765.75	792.55	758.75	0.759 times
22 Tue Oct 2024	765.75	808.05	810.95	761.50	1.658 times
21 Mon Oct 2024	806.05	824.45	848.50	802.00	0.709 times
18 Fri Oct 2024	820.95	820.00	823.60	790.30	0.724 times
17 Thu Oct 2024	824.40	845.20	852.75	820.00	0.828 times
16 Wed Oct 2024	844.75	813.00	850.00	808.00	1.825 times
15 Tue Oct 2024	811.95	811.30	819.75	803.95	0.664 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 783.4 as stoploss in an intra day buy trade for a target of 827.97. However, stock will show a bearish move below 783.4.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	635.00
Downside Target	673.95
Downside Target	754.20
Upside Target	789.70
Upside Target	848.50
Upside Target	856.20
Upside Target	885.25
Upside Target	939.45
Upside Target	946.80
Upside Target	948.00
Upside Target	959.55
Upside Target	1049.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	765.03
Downside Intraday Target	744.67
Upside Intraday Target	797.73
Upside Intraday Target	810.07
Downside Intraday Target	777.37

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	785.40	762.95	789.70	757.00	0.135 times
25 Fri Oct 2024	765.30	824.45	848.50	757.00	0.921 times
18 Fri Oct 2024	820.95	818.85	852.75	790.30	0.292 times
11 Fri Oct 2024	812.80	873.10	885.25	804.10	2.4 times
04 Fri Oct 2024	879.45	955.00	959.55	856.20	0.343 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
28 Mon Oct 2024	785.40	929.00	939.45	757.00	0.337 times
30 Mon Sep 2024	929.25	880.15	1049.00	815.25	1.885 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

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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Gm Breweries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Gm Breweries in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 800.94 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.