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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 2024-11-06 View latest technical analysis

10 day averaged volume of Gm Breweries is 37143

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	827.60	819.50	831.00	806.05	1.157 times
05 Tue Nov 2024	817.45	810.05	829.80	810.05	1.047 times
04 Mon Nov 2024	810.70	812.00	815.00	789.05	0.909 times
01 Fri Nov 2024	809.85	800.00	815.00	800.00	0.359 times
31 Thu Oct 2024	797.20	814.00	814.00	794.00	0.768 times
30 Wed Oct 2024	798.85	784.00	812.00	784.00	0.82 times
29 Tue Oct 2024	789.20	789.70	796.20	777.55	0.68 times
28 Mon Oct 2024	785.40	762.95	789.70	757.00	1.138 times
25 Fri Oct 2024	765.30	785.65	794.45	757.00	1.575 times
24 Thu Oct 2024	785.65	788.00	804.90	775.10	1.366 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 823.5, but if it comes below 823.5, then a intra day sell could be more profitable.
If you take a sell trade below 823.5, then use 823.5 as stoploss and 803.83 as target. However if you take a buy trade in stock , then use 823.5 as stoploss and 847.1 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	635.00
Downside Target	754.20
Downside Target	789.05
Upside Target	831.00
Upside Target	848.50
Upside Target	852.75
Upside Target	885.25
Upside Target	939.45
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	800.77
Downside Intraday Target	773.93
Upside Intraday Target	842.72
Upside Intraday Target	857.83
Downside Intraday Target	815.88

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	827.60	812.00	831.00	789.05	0.827 times
01 Fri Nov 2024	809.85	762.95	815.00	757.00	0.446 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

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
06 Wed Nov 2024	827.60	800.00	831.00	789.05	0.055 times
31 Thu Oct 2024	797.20	929.00	939.45	757.00	0.35 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

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

Price action analysis of Gm Breweries ( (GMBREW) ) based on a mid to longer 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.

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 BUY signal for Gm Breweries in short term but the buy signal is initial and weak.

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 stronger in this stock.

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

CCI has generated a buy signal for Gm Breweries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 796.14 and Gm Breweries (GMBREW) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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