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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 2024-11-26 View latest technical analysis

10 day averaged volume of Greenlam Industries is 18787

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	556.60	534.50	560.35	534.50	0.91 times
25 Mon Nov 2024	539.70	508.05	559.70	508.05	4.066 times
22 Fri Nov 2024	506.70	512.85	518.95	504.05	0.414 times
21 Thu Nov 2024	511.35	503.00	521.70	503.00	0.724 times
19 Tue Nov 2024	511.30	519.15	525.75	509.00	0.86 times
18 Mon Nov 2024	511.55	513.20	524.40	510.05	0.647 times
14 Thu Nov 2024	517.20	521.30	535.15	513.55	0.337 times
13 Wed Nov 2024	519.35	537.00	545.15	512.55	1.004 times
12 Tue Nov 2024	545.15	547.75	554.90	540.35	0.501 times
11 Mon Nov 2024	547.60	556.00	563.45	544.00	0.731 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 553.2, but if it comes below 553.2, then a intra day sell could be more profitable.
If you take a sell trade below 553.2, then use 553.2 as stoploss and 533.62 as target. However if you take a buy trade in stock , then use 553.2 as stoploss and 576.6 as target.

Share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Target	490.00
Downside Target	525.75
Downside Target	542.95
Downside Target	555.35
Upside Target	560.35
Upside Target	563.45
Upside Target	575.85
Upside Target	579.00
Upside Target	598.95
Upside Target	643.80

Intraday share price targets for Greenlam Industries (GREENLAM)

Target Type	Value
Downside Intraday Target	522.98
Downside Intraday Target	489.37
Upside Intraday Target	575.28
Upside Intraday Target	593.97
Downside Intraday Target	541.67

Weekly technical analysis of Greenlam Industries (GREENLAM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	556.60	508.05	560.35	508.05	1.882 times
22 Fri Nov 2024	506.70	513.20	525.75	503.00	1.027 times
14 Thu Nov 2024	517.20	556.00	563.45	512.55	0.264 times
08 Fri Nov 2024	555.85	526.85	579.00	526.35	0.709 times
01 Fri Nov 2024	537.65	501.40	555.35	493.35	0.88 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
26 Tue Nov 2024	556.60	521.00	579.00	503.00	0.449 times
31 Thu Oct 2024	520.60	509.80	542.95	490.00	1.12 times
30 Mon Sep 2024	506.40	561.40	575.85	501.60	1.416 times
30 Fri Aug 2024	561.40	577.00	598.95	549.10	0.648 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Greenlam Industries ( (GREENLAM) ) 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 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 but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 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 531.76 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.