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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 2024-03-20 View latest technical analysis

10 day averaged volume of Greenlam Industries is 104895

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	466.10	473.00	479.70	461.70	0.303 times
19 Tue Mar 2024	473.60	455.40	478.95	452.70	0.481 times
18 Mon Mar 2024	457.20	451.05	462.50	431.00	2.391 times
15 Fri Mar 2024	462.60	467.05	472.70	457.50	0.369 times
14 Thu Mar 2024	469.45	451.45	495.00	448.10	0.959 times
13 Wed Mar 2024	452.20	494.00	494.45	445.20	1.025 times
12 Tue Mar 2024	494.15	468.10	510.00	464.00	1.652 times
11 Mon Mar 2024	467.70	512.00	512.00	461.60	1.423 times
07 Thu Mar 2024	512.35	528.70	530.00	508.10	0.555 times
06 Wed Mar 2024	527.70	544.00	548.45	520.05	0.644 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 473.3, but if it comes above 473.3, then a intra day buy could be more profitable.
If you take a sell trade below 473.3, then use 473.3 as stoploss and 433.6 as target. However if you take a buy trade in stock , then use 473.3 as stoploss and 506.46 as target.

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	431.00
Downside Target	445.20
Upside Target	475.80
Upside Target	507.00
Upside Target	530.00
Upside Target	548.45
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	438.17
Downside Intraday Target	410.23
Upside Intraday Target	486.87
Upside Intraday Target	507.63
Downside Intraday Target	458.93

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	466.10	451.05	479.70	431.00	0.585 times
15 Fri Mar 2024	462.60	512.00	512.00	445.20	2.87 times
07 Thu Mar 2024	512.35	539.60	548.45	508.10	0.443 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

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 Greenlam Industries (GREENLAM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	466.10	540.95	548.45	431.00	0.675 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Greenlam Industries ( (GREENLAM) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Greenlam Industries in short term and the sell signal is strong.

Greenlam Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Greenlam Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 474.66 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 negative.

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