GM Breweries - Cup & Handle breakoutGM Breweries : Cup & Handle Breakout Looks good above 1012 with immediate support at 975Longby roshansaiUpdated 6
GM Breweries Breakout & Retest in 1HR TFThis share has given a Triangle Pattern Breakout in 1HR TF with volumes Currently it's at the BO Retest zone. CMP :856 Dip: 800 Tgt: 900,950,1000,1050,1100+ SL: 750 WCB Chart only for Educational Purpose !!Longby diliprrvUpdated 3
GMBREW - 2.5 Months Consolidation Breakout - All Time HighG M Breweries Ltd 1) Time Frame - Daily. 2) The Stock has been in a Consolidation since (July, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame. 3) The stock may find it's next resistance around the price (1155 - 17% from the price 986.30). 4) Recommendation - Strong Buy.Longby SHRIHARII3
Buying idea in GM BrewStock has broken its 2018 level with good volume candle. Breakout of almost 7 years. stock is in upward trend. D+W+M RSI above 60. If we see the weekly chart, the stock has retested its resistance level of 750 and again started moving up. Monthly chart is very strong and can see an upmove of 2100 levels within 1-2 years. short term view is 982 and 1300 (For 6 months to 9 months)by Krishnareds2
GMBREW CMP 792Stock gave Multiyear breakout and now at Retest level G M Breweries Ltd, set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL) Stock PE: 11.4 Market Cap: 1795 CrLongby anujmehta150
GM Breweries Bullish flag pattern breakout, fundamentally under valued stock, might unlock values, breakout and retest in making, track this counter. Longby Stockiist0
G.M. Breweries Ltd. CUP & HOLD pattern!G.M. Breweries Ltd. engages in the manufacture and sale of country liquor.Longby Iyan_V2
GMBREW - Long Setup, Move is ON..NSE:GMBREW ✅ #PARAS trading above Resistance of 1195 ✅ Next Resistance is at 1575 ✅ Chart adjustments done as per following corporate action Corporate action: 1:4 Bonus Issue of Equity Shares May 24, 2024 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Sandeep_AggarwalUpdated 224
Alcoholic Beverages has given Long Consolidation period BreakoutHello everyone, i have brought a stock which has given huge breakout after 6 years consolidation. Stock name is G M Breweries Ltd,and it has set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL). The Co. has a monopoly in country liquor in the districts of Mumbai, Thane & Palghar. It is the single largest manufacturer of country liquor in the State of Maharashtra with a sizable market share. Market Position:- The Company contributes about 25-30 % of the total Excise duty for country liquor in the whole of Maharashtra. Brand Portfolio:- The Co brands include names like G.M.Santra, G.M.Doctor, G.M.Limbu Punch, and a few more. Manufacturing Facilities:- The Co has a fully automatic plant at Thane, Maharashtra with a capacity to produce about 50,000 cases a day from 200 cases a day at the start. The company has capacity to process 13.76 crore bulk litres of country liquor per annum out of which only about 53.79% has been utilized in FY24. Difficulties:- The Co. has been facing difficulty also due to very high levels of taxation and frequent changes in laws. Its main raw material ‘Rectified Spirit’ faced high fluctuations in price and was short in supply. Recent Developments:- The concentration has been mainly on country liquor in FY24, also due to competitive market conditions in the IMFL segment. The Company has been making steady progress in the business of country liquor during the past years. Market Cap ₹ 2,118 Cr. Current Price ₹ 927 High / Low ₹ 948 / 440 Stock P/E 14.3 Book Value ₹ 361 Dividend Yield 0.65 % ROCE 23.5 % ROE 19.6 % Face Value ₹ 10.0 Industry PE 33.6 Debt ₹ 0.00 Cr. EPS ₹ 66.5 Promoter holding 74.4 % Intrinsic Value ₹ 716 Pledged percentage 0.00 % EVEBITDA 11.5 Change in Prom Hold 0.00 % Profit Var 5Yrs 12.6 % Sales growth 5Years 5.80 % Return over 5years 16.7 % Debt to equity 0.00 Net profit ₹ 152 Cr. ROE 5Yr 17.0 % Profit growth 55.2 % Earnings yield 9.80 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPalUpdated 36
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in GMBREW BUY TODAY SELL TOMORROW for 5%by Kapil-MittalUpdated 3323
6Years of testing this level, GO long on entry price 800!!! T1-850 T2-950 T3-1100 FOR T2 book partial profit. Only for education purpose. Longby akarshakku0014
GMBREW- Breakout awaitedLong base formation since 2018 Long above trendline Good volumes coming in Last breakout out of base yielded 600% Will look at positional betby HrishiK0
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in GMBREW BUY TODAY SELL TOMORROW for 5%by Kapil-MittalUpdated 228
2 Amazing swing ideas for 2 April Markets I daily make educational content videos for swing / positional trading Long06:04by Averoy_Apoorv_Analysis2210
GMBL_LongManufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL). GMBL started producing 200 cases a day which has now reached to more than 50,000 cases a day. ++ Debt free, IV-930, BV-390, 3 yrs PE=11.61, OPM>=15% (last 13 years), NP-100 crores in 2023 -- Every year FII reducing their stake, no DII stake, Public/Retail stake++Longby Rajesh_roots_1081
Ready For 10% After Breakout- Peer Stocks Started Moving-Sector stocks already started moving -near resistance and spending time there, good sign -always bounce back from lower levels shows strength Longby Marketik1
GM BREWERIES G M Breweries Ltd, set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign LiquorLongby SamratSinghYadav0
GMBREW --- moving towards 900 in coming monthsNSE:GMBREW can move towards 900 in coming months gave breakout on weekly timeframe around 635 with good volume retested breakout area and now resumed it's upward journey cmp is 699 This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.Longby ajaykalashi2
GMBREWNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Tradingby SENSITRADE_T1
Trendline breakoutNear to resistance if it breaks can be bullish in upcoming monthsLongby Priyansh_goel111
buybuy at cmp 561 SL 548. target 3 times of Risk. Disc : It's not an investment advise to buy or sellLongby TukkaNomistUpdated 2
BREAKOUT, GM BREWERIES, 54% RETURNS!!!BUY - GM BREWERIES CMP - Rs. 590 Target - 1: Rs. 747 Target - 2: Rs. 913 . Timeframe - Target - 1: 4-6 months, Target - 2: 6-12 months . Technicals - Bullish Flag Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshguptaUpdated 4
GM Breweries near the momentum levelsGM Breweries long indications based on chart pattern. Had been on down move and then gave a double bottom pattern and near the consolidation phase. Currently at the levels where it seems to give some momentum in the chart. Expecting levels of 649 - 748 in the near term if sustains with good volume with strong base at 530 levels. No recommendations, just my view based on charts.Longby viki90