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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 2024-10-15 View latest technical analysis

10 day averaged volume of Gm Breweries is 173108

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	811.95	811.30	819.75	803.95	0.251 times
14 Mon Oct 2024	805.25	818.85	821.80	801.05	0.441 times
11 Fri Oct 2024	812.80	815.00	821.95	805.70	0.7 times
10 Thu Oct 2024	813.35	867.00	880.00	805.00	2.751 times
09 Wed Oct 2024	860.30	869.25	885.25	857.05	0.568 times
08 Tue Oct 2024	865.60	815.00	872.70	815.00	1.184 times
07 Mon Oct 2024	811.75	873.10	879.95	804.10	1.545 times
04 Fri Oct 2024	879.45	885.00	907.05	856.20	0.714 times
03 Thu Oct 2024	883.80	899.95	912.30	876.60	0.676 times
01 Tue Oct 2024	903.40	929.00	939.45	891.40	0.872 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 837, but if it comes above 837, then a intra day buy could be more profitable.
If you take a sell trade below 837, then use 837 as stoploss and 764.1 as target. However if you take a buy trade in stock , then use 837 as stoploss and 897.78 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	801.05
Upside Target	856.20
Upside Target	885.25
Upside Target	939.45
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	801.4
Downside Intraday Target	790.85
Upside Intraday Target	822.15
Upside Intraday Target	832.35
Downside Intraday Target	811.6

Weekly technical analysis of Gm Breweries (GMBREW)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	811.95	818.85	821.80	801.05	0.102 times
11 Fri Oct 2024	812.80	873.10	885.25	804.10	2.4 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

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
15 Tue Oct 2024	811.95	929.00	939.45	801.05	0.251 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 neutral. A longer time frame might give a better analysis.

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

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

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 moving up

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 but buying is losing 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 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 839.65 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 negative.

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