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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 2024-04-04 View latest technical analysis

10 day averaged volume of Greenlam Industries is 99679

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	585.80	585.00	590.00	575.10	2.443 times
03 Wed Apr 2024	574.75	534.95	580.00	534.30	4.097 times
02 Tue Apr 2024	534.25	523.35	541.25	521.65	0.381 times
01 Mon Apr 2024	523.30	513.05	525.00	503.10	0.243 times
28 Thu Mar 2024	505.55	505.00	510.00	500.10	0.327 times
27 Wed Mar 2024	503.25	510.00	530.00	486.90	2.158 times
26 Tue Mar 2024	511.90	486.55	515.75	478.00	1.079 times
22 Fri Mar 2024	486.55	465.65	493.50	462.55	0.595 times
21 Thu Mar 2024	465.60	466.15	474.00	460.10	0.295 times
20 Wed Mar 2024	466.10	473.00	479.70	461.70	0.319 times

Stock of Greenlam Industries (GREENLAM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 583.4, for a target of 538.3 or 500.78

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	431.00
Downside Target	445.20
Downside Target	478.00
Downside Target	493.50
Downside Target	530.00
Downside Target	548.45
Downside Target	564.95
Downside Target	571.50
Upside Target	590.00
Upside Target	600.00

Intraday share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Intraday Target	529.27
Downside Intraday Target	472.73
Upside Intraday Target	616.17
Upside Intraday Target	646.53
Downside Intraday Target	559.63

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	585.80	513.05	590.00	503.10	2.011 times
28 Thu Mar 2024	505.55	486.55	530.00	478.00	0.842 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Greenlam Industries (GREENLAM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	585.80	513.05	590.00	503.10	0.451 times
28 Thu Mar 2024	505.55	540.95	548.45	431.00	0.938 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

Scroll below to view daily charts

Price has moved up 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Greenlam Industries stock for short term is BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 544.17 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 rising upwards.

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 is giving positive 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.