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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.

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Greenlam Industries is 63563

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	530.15	553.95	553.95	525.00	0.633 times
20 Tue Feb 2024	545.80	551.90	560.40	541.60	1.27 times
19 Mon Feb 2024	547.20	535.50	554.30	531.05	1.219 times
16 Fri Feb 2024	532.80	521.00	542.90	521.00	0.942 times
15 Thu Feb 2024	521.00	518.10	537.00	508.05	1.691 times
14 Wed Feb 2024	515.50	519.90	525.70	513.70	0.468 times
13 Tue Feb 2024	519.90	521.85	530.00	513.00	0.474 times
12 Mon Feb 2024	522.80	542.90	544.00	519.00	1.156 times
09 Fri Feb 2024	543.50	526.60	552.00	525.00	1.663 times
08 Thu Feb 2024	526.65	524.50	534.95	517.80	0.582 times

My analysis of stock is bullish for shortterm, and stock might move up till 539.7 or till 552.9. Use a stoploss of 528.65 and if this stock hits its stoploss, then it can fall down till 517.64

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	389.50
Downside Target	475.80
Downside Target	496.00
Downside Target	507.00
Downside Target	525.00
Upside Target	544.00
Upside Target	552.00
Upside Target	555.35
Upside Target	560.40
Upside Target	571.50
Upside Target	600.00
Upside Target	625.55

Intraday share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Intraday Target	516.63
Downside Intraday Target	503.12
Upside Intraday Target	552.03
Upside Intraday Target	573.92
Upside Intraday Target	538.52

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	530.15	535.50	560.40	525.00	0.66 times
16 Fri Feb 2024	532.80	542.90	544.00	508.05	0.807 times
09 Fri Feb 2024	543.50	516.00	552.00	507.00	1.503 times
02 Fri Feb 2024	547.25	515.20	555.35	507.95	4.029 times
25 Thu Jan 2024	516.10	526.50	530.75	509.40	0.271 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 Greenlam Industries (GREENLAM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	530.15	548.70	560.40	507.00	1.183 times
31 Wed Jan 2024	538.15	547.00	571.50	507.95	0.635 times
29 Fri Dec 2023	533.60	582.25	600.00	530.00	0.189 times
30 Thu Nov 2023	582.25	482.40	625.55	475.80	2.595 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a BUY signal for Greenlam Industries in short term but the buy signal is initial and weak.

Greenlam Industries 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 red color and prices are below the red 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 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 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 532.89 and Greenlam Industries (GREENLAM) 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 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 negative.

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