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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 2024-03-21 View latest technical analysis

10 day averaged volume of Greenlam Industries is 102821

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	465.60	466.15	474.00	460.10	0.286 times
20 Wed Mar 2024	466.10	473.00	479.70	461.70	0.309 times
19 Tue Mar 2024	473.60	455.40	478.95	452.70	0.491 times
18 Mon Mar 2024	457.20	451.05	462.50	431.00	2.439 times
15 Fri Mar 2024	462.60	467.05	472.70	457.50	0.377 times
14 Thu Mar 2024	469.45	451.45	495.00	448.10	0.978 times
13 Wed Mar 2024	452.20	494.00	494.45	445.20	1.046 times
12 Tue Mar 2024	494.15	468.10	510.00	464.00	1.685 times
11 Mon Mar 2024	467.70	512.00	512.00	461.60	1.452 times
07 Thu Mar 2024	512.35	528.70	530.00	508.10	0.567 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 469.6, but if it comes above 469.6, then a intra day buy could be more profitable.
If you take a sell trade below 469.6, then use 469.6 as stoploss and 428.7 as target. However if you take a buy trade in stock , then use 469.6 as stoploss and 503.7 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	437.83
Downside Intraday Target	410.07
Upside Intraday Target	486.53
Upside Intraday Target	507.47
Downside Intraday Target	458.77

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	465.60	451.05	479.70	431.00	0.636 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
21 Thu Mar 2024	465.60	540.95	548.45	431.00	0.693 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Greenlam Industries ( (GREENLAM) ) based on a short 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 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 gaining momentum.

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

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 470.78 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.