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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.

Showing technical analysis as on 2024-10-09 View latest technical analysis

10 day averaged volume of Gm Breweries is 215745

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	860.30	869.25	885.25	857.05	0.456 times
08 Tue Oct 2024	865.60	815.00	872.70	815.00	0.95 times
07 Mon Oct 2024	811.75	873.10	879.95	804.10	1.24 times
04 Fri Oct 2024	879.45	885.00	907.05	856.20	0.573 times
03 Thu Oct 2024	883.80	899.95	912.30	876.60	0.542 times
01 Tue Oct 2024	903.40	929.00	939.45	891.40	0.7 times
30 Mon Sep 2024	929.25	955.00	959.55	921.15	0.441 times
27 Fri Sep 2024	955.25	955.20	972.20	940.00	0.472 times
26 Thu Sep 2024	955.20	983.00	984.90	948.10	0.764 times
25 Wed Sep 2024	983.35	957.50	1020.00	955.00	3.827 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 873.1, but if it comes above 873.1, then a intra day buy could be more profitable.
If you take a sell trade below 873.1, then use 873.1 as stoploss and 817.8 as target. However if you take a buy trade in stock , then use 873.1 as stoploss and 919.15 as target.

Share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Target	580.00
Downside Target	635.00
Downside Target	673.95
Downside Target	754.20
Downside Target	804.10
Downside Target	856.20
Upside Target	885.25
Upside Target	946.80
Upside Target	948.00
Upside Target	959.55
Upside Target	1020.00
Upside Target	1049.00

Intraday share price targets for Gm Breweries (GMBREW)

Target Type	Value
Downside Intraday Target	814.52
Downside Intraday Target	768.73
Upside Intraday Target	895.67
Upside Intraday Target	931.03
Downside Intraday Target	849.88

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	860.30	873.10	885.25	804.10	1.173 times
04 Fri Oct 2024	879.45	955.00	959.55	856.20	0.343 times
27 Fri Sep 2024	955.25	921.50	1020.00	907.55	0.39 times
20 Fri Sep 2024	918.90	930.00	1049.00	901.00	3.74 times
13 Fri Sep 2024	892.50	839.65	923.60	815.25	1.738 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
09 Wed Oct 2024	860.30	929.00	939.45	804.10	0.144 times
30 Mon Sep 2024	929.25	880.15	1049.00	815.25	1.885 times
30 Fri Aug 2024	877.75	826.95	946.80	754.20	0.224 times
31 Wed Jul 2024	821.45	635.00	948.00	635.00	11.852 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 Gm Breweries (GMBREW)

Price action analysis of Gm Breweries ( (GMBREW) ) based on a short 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 Gm Breweries ( (GMBREW) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Gm Breweries in short term but the sell signal is initial and weak.

Gm Breweries 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 Gm Breweries in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 922.26 and Gm Breweries (GMBREW) 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 Gm Breweries (GMBREW) stock. Volume based technical analysis of Gm Breweries (GMBREW) stock is negative.

Gm Breweries Stock has given negative 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.