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(GMBREW) Gm Breweries complete technical analysis [charts+indicators] | Buy/Sell Gm Breweries | (GMBREW) share price targets

Complete technical analysis of Gm Breweries (GMBREW) by charts plus indicators, forecast predictions and share price targets for Gm Breweries (GMBREW)

Gm Breweries trades in NSE in Breweries & Distilleries sector.

10 day averaged volume of Gm Breweries is 93158

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	782.05	800.00	825.00	779.00	4.153 times
29 Mon Apr 2024	794.45	789.80	798.00	785.00	1.078 times
26 Fri Apr 2024	782.30	785.75	798.25	774.75	1.495 times
25 Thu Apr 2024	776.95	759.45	797.00	759.45	1.482 times
24 Wed Apr 2024	759.45	774.00	775.00	754.95	0.914 times
23 Tue Apr 2024	767.45	775.00	775.00	763.00	0.545 times
22 Mon Apr 2024	765.35	755.00	775.00	752.05	0.899 times
19 Fri Apr 2024	750.50	750.00	756.50	738.65	0.813 times
18 Thu Apr 2024	758.50	765.10	779.00	756.70	0.771 times
16 Tue Apr 2024	756.45	755.00	762.60	751.95	0.693 times

Stock of Gm Breweries (GMBREW) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 779.1, but if it comes below 779.1, then a intra day sell could be more profitable.
If you take a sell trade below 779.1, then use 779.1 as stoploss and 762.25 as target. However if you take a buy trade in stock , then use 779.1 as stoploss and 799.2 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.05
Downside Target	613.15
Downside Target	642.00
Downside Target	718.95
Downside Target	752.05
Downside Target	779.00
Upside Target	798.25
Upside Target	799.25
Upside Target	814.75
Upside Target	825.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	765.7
Downside Intraday Target	749.35
Upside Intraday Target	811.7
Upside Intraday Target	841.35
Upside Intraday Target	795.35

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	782.05	789.80	825.00	779.00	0.98 times
26 Fri Apr 2024	782.30	755.00	798.25	752.05	1.488 times
19 Fri Apr 2024	750.50	755.00	779.00	734.55	0.523 times
12 Fri Apr 2024	770.25	769.00	799.25	743.00	0.154 times
05 Fri Apr 2024	758.90	650.00	814.75	645.00	25.106 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 Gm Breweries (GMBREW)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	782.05	650.00	825.00	645.00	8.919 times
28 Thu Mar 2024	634.00	615.60	668.25	580.05	1.358 times
29 Thu Feb 2024	615.60	651.10	660.00	613.15	0.312 times
31 Wed Jan 2024	650.75	716.10	732.00	642.00	1.399 times

Scroll below to view daily charts

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

Indicators analysis of Gm Breweries (GMBREW)

Price action analysis of Gm Breweries ( (GMBREW) ) 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 Gm Breweries ( (GMBREW) ) 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 Gm Breweries ( (GMBREW) ) based on a mid to longer 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.

ADX buy sell signal for Gm Breweries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Gm Breweries in short term and the buy signal is strong.

Gm Breweries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Gm Breweries 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

Stock of Gm Breweries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 774.34 and Gm Breweries (GMBREW) 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 Gm Breweries (GMBREW) stock. Volume based technical analysis of Gm Breweries (GMBREW) stock is negative.

Gm Breweries 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.