Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-04 View latest technical analysis

10 day averaged volume of Greenlam Industries is 84767

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	526.50	539.60	543.55	525.00	0.237 times
02 Sat Mar 2024	539.60	544.95	544.95	525.20	0.032 times
01 Fri Mar 2024	538.90	540.95	546.45	532.65	0.424 times
29 Thu Feb 2024	540.20	525.80	547.00	517.05	1.28 times
28 Wed Feb 2024	526.35	539.75	539.75	522.00	1.239 times
27 Tue Feb 2024	533.05	544.00	547.75	531.25	1.194 times
26 Mon Feb 2024	539.50	542.00	556.60	533.00	1.113 times
23 Fri Feb 2024	539.75	520.95	564.95	519.75	2.875 times
22 Thu Feb 2024	520.75	524.80	531.90	515.40	0.415 times
21 Wed Feb 2024	530.15	553.95	553.95	525.00	0.475 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 522.5 as stoploss in an intra day buy trade for a target of 531.77. However, stock will show a bearish move below 522.5.

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	475.80
Downside Target	507.00
Upside Target	543.55
Upside Target	546.45
Upside Target	552.00
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	519.82
Downside Intraday Target	513.13
Upside Intraday Target	538.37
Upside Intraday Target	550.23
Upside Intraday Target	531.68

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	526.50	539.60	543.55	525.00	0.045 times
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

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
04 Mon Mar 2024	526.50	540.95	546.45	525.00	0.035 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 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 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 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.

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 getting stronger in this stock.

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 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

Stock of Greenlam Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 535.41 and Greenlam Industries (GREENLAM) 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 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.