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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.

10 day averaged volume of Greenlam Industries is 75670

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	577.70	590.90	590.90	576.00	0.407 times
02 Thu May 2024	587.85	605.70	610.25	585.40	0.503 times
30 Tue Apr 2024	605.70	629.90	630.95	602.00	0.767 times
29 Mon Apr 2024	626.65	608.90	637.00	608.90	3.258 times
26 Fri Apr 2024	606.05	588.00	620.00	588.00	1.339 times
25 Thu Apr 2024	592.30	594.95	597.60	585.15	0.387 times
24 Wed Apr 2024	594.40	584.80	604.55	583.95	0.472 times
23 Tue Apr 2024	585.30	598.00	600.80	581.30	0.481 times
22 Mon Apr 2024	597.25	580.00	605.70	574.35	1.988 times
19 Fri Apr 2024	574.30	557.90	594.75	551.55	0.564 times

My analysis of stock is bearish for shortterm, and stock might move down till 562 or till 539. Use a stoploss of 581.25 and if the stock hits stoploss, then it can shoot up till 600.47

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	431.00
Downside Target	503.10
Downside Target	536.20
Downside Target	564.95
Downside Target	576.00
Upside Target	590.00
Upside Target	594.75
Upside Target	598.95
Upside Target	610.25
Upside Target	620.00
Upside Target	637.00

Intraday share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Intraday Target	556.8
Downside Intraday Target	535.9
Upside Intraday Target	617.8
Upside Intraday Target	657.9
Upside Intraday Target	596.9

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	577.70	608.90	637.00	576.00	1.058 times
26 Fri Apr 2024	606.05	580.00	620.00	574.35	3.244 times
19 Fri Apr 2024	574.30	548.20	594.75	536.20	0.629 times
12 Fri Apr 2024	554.15	580.20	598.95	545.00	0.234 times
05 Fri Apr 2024	578.05	513.05	590.00	503.10	2.081 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 Greenlam Industries (GREENLAM)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	577.70	605.70	610.25	576.00	0.041 times
30 Tue Apr 2024	605.70	513.05	637.00	503.10	1.06 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Greenlam Industries ( (GREENLAM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 Greenlam Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Greenlam Industries in short term and SELL 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

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 605.06 and Greenlam Industries (GREENLAM) stock is trading below this level. This means that stock is falling with high volumes. 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.