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(GREENLAM) Greenlam Industries complete technical analysis [charts+indicators] | Buy/Sell Greenlam Industries | (GREENLAM) share price targets

Complete technical analysis of Greenlam Industries (GREENLAM) by charts plus indicators, forecast predictions and share price targets for Greenlam Industries (GREENLAM)

Greenlam Industries trades in NSE in Furniture-Furnishing-Paints sector.

10 day averaged volume of Greenlam Industries is 43348

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	592.30	594.95	597.60	585.15	0.675 times
24 Wed Apr 2024	594.40	584.80	604.55	583.95	0.824 times
23 Tue Apr 2024	585.30	598.00	600.80	581.30	0.839 times
22 Mon Apr 2024	597.25	580.00	605.70	574.35	3.471 times
19 Fri Apr 2024	574.30	557.90	594.75	551.55	0.984 times
18 Thu Apr 2024	555.80	560.70	564.80	550.35	0.422 times
16 Tue Apr 2024	560.60	544.90	566.70	544.90	0.479 times
15 Mon Apr 2024	549.90	548.20	552.00	536.20	0.626 times
12 Fri Apr 2024	554.15	562.00	571.40	545.00	0.808 times
10 Wed Apr 2024	563.05	570.20	575.80	560.00	0.579 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 589.3, but if it comes below 589.3, then a intra day sell could be more profitable.
If you take a sell trade below 589.3, then use 589.3 as stoploss and 559.97 as target. However if you take a buy trade in stock , then use 589.3 as stoploss and 624.5 as target.

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	431.00
Downside Target	478.00
Downside Target	503.10
Downside Target	530.00
Downside Target	564.95
Downside Target	574.35
Downside Target	590.00
Upside Target	594.75
Upside Target	598.95
Upside Target	600.00
Upside Target	605.70

Intraday share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Intraday Target	575.87
Downside Intraday Target	559.43
Upside Intraday Target	607.22
Upside Intraday Target	622.13
Downside Intraday Target	590.78

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	592.30	580.00	605.70	574.35	2.313 times
19 Fri Apr 2024	574.30	548.20	594.75	536.20	0.629 times
12 Fri Apr 2024	554.15	580.20	598.95	545.00	0.234 times
05 Fri Apr 2024	578.05	513.05	590.00	503.10	2.081 times
28 Thu Mar 2024	505.55	486.55	530.00	478.00	0.842 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 Greenlam Industries (GREENLAM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	592.30	513.05	605.70	503.10	0.804 times
28 Thu Mar 2024	505.55	540.95	548.45	431.00	0.938 times
29 Thu Feb 2024	540.20	548.70	564.95	507.00	1.997 times
31 Wed Jan 2024	538.15	547.00	571.50	507.95	0.635 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 Greenlam Industries (GREENLAM)

Price action analysis of Greenlam Industries ( (GREENLAM) ) 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 Greenlam Industries ( (GREENLAM) ) 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 Greenlam Industries ( (GREENLAM) ) 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 Greenlam Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Greenlam Industries 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.

Greenlam Industries 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 above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Greenlam Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Greenlam Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 581.01 and Greenlam Industries (GREENLAM) 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 Greenlam Industries (GREENLAM) stock. Volume based technical analysis of Greenlam Industries (GREENLAM) stock is negative.

Greenlam Industries 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.