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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 2024-03-02 View latest technical analysis

10 day averaged volume of Greenlam Industries is 92242

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	539.60	544.95	544.95	525.20	0.03 times
01 Fri Mar 2024	538.90	540.95	546.45	532.65	0.39 times
29 Thu Feb 2024	540.20	525.80	547.00	517.05	1.176 times
28 Wed Feb 2024	526.35	539.75	539.75	522.00	1.139 times
27 Tue Feb 2024	533.05	544.00	547.75	531.25	1.097 times
26 Mon Feb 2024	539.50	542.00	556.60	533.00	1.023 times
23 Fri Feb 2024	539.75	520.95	564.95	519.75	2.642 times
22 Thu Feb 2024	520.75	524.80	531.90	515.40	0.381 times
21 Wed Feb 2024	530.15	553.95	553.95	525.00	0.436 times
20 Tue Feb 2024	545.80	551.90	560.40	541.60	0.875 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 541.2 as stoploss in an intra day sell trade for a target of 531.94. However, stock will show a bullish move above 541.2.

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	475.80
Downside Target	507.00
Upside Target	544.00
Upside Target	552.00
Upside Target	555.35
Upside Target	556.60
Upside Target	564.95
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	518.9
Downside Intraday Target	498.2
Upside Intraday Target	558.45
Upside Intraday Target	577.3
Downside Intraday Target	537.75

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	539.60	542.00	556.60	517.05	0.938 times
23 Fri Feb 2024	539.75	535.50	564.95	515.40	1.588 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

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
02 Sat Mar 2024	539.60	540.95	546.45	525.20	0.023 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
29 Fri Dec 2023	533.60	582.25	600.00	530.00	0.189 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Greenlam Industries ( (GREENLAM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Greenlam Industries ( (GREENLAM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 SELL signal for Greenlam Industries in short term and SELL signal is strong!

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 536.61 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 falling down

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 has given negative 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.