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 2024-03-22 View latest technical analysis

10 day averaged volume of Greenlam Industries is 99013

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	486.55	465.65	493.50	462.55	0.599 times
21 Thu Mar 2024	465.60	466.15	474.00	460.10	0.297 times
20 Wed Mar 2024	466.10	473.00	479.70	461.70	0.321 times
19 Tue Mar 2024	473.60	455.40	478.95	452.70	0.509 times
18 Mon Mar 2024	457.20	451.05	462.50	431.00	2.533 times
15 Fri Mar 2024	462.60	467.05	472.70	457.50	0.391 times
14 Thu Mar 2024	469.45	451.45	495.00	448.10	1.016 times
13 Wed Mar 2024	452.20	494.00	494.45	445.20	1.086 times
12 Tue Mar 2024	494.15	468.10	510.00	464.00	1.75 times
11 Mon Mar 2024	467.70	512.00	512.00	461.60	1.508 times

My analysis of stock is bearish for shortterm, and stock might move down till 467.8 or till 427.9. Use a stoploss of 501.04 and if the stock hits stoploss, then it can shoot up till 534.28

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	431.00
Downside Target	445.20
Downside Target	475.80
Upside Target	493.50
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	447.2
Downside Intraday Target	407.85
Upside Intraday Target	509.7
Upside Intraday Target	532.85
Downside Intraday Target	470.35

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	486.55	451.05	493.50	431.00	0.741 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
22 Fri Mar 2024	486.55	540.95	548.45	431.00	0.728 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 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 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 Weak and stock is losing momentum.

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

RSI is generating a BUY signal in short term and the buying is gaining 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 469.28 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 negative.

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