📈 Stock Update: GMR Infrastructure (GMR) 🚀
Exciting developments on the charts! 📊 GMR Infra seems to be exhibiting a classic rounding bottom pattern on the monthly chart. The recent breakthrough of resistance, accompanied by a gap up, adds a bullish twist to the narrative. 📈
Key Points:
Pattern Recognition: Monthly chart showcases a promising rounding bottom formation.
Bullish Signal: Resistance crossed with a gap up, a strong indication of positive momentum.
Short-Term Target: Eyeing a short-term target of Rs118 with sl of 78
🔍 Analysis:
The technical seem aligned for a potential breakout. Always crucial to conduct thorough research and keep an eye on market trends. Remember, the market is dynamic, so continuous monitoring is key.
📆 Timeline:
For those considering a short-term play, keep an eye on the evolving market conditions and news that might impact GMR Infra's performance.
Let's keep the discussion open! What are your thoughts on this setup? 🤔💬
#StockMarket #TechnicalAnalysis #GMRInfra #Investing #Finance
Exciting developments on the charts! 📊 GMR Infra seems to be exhibiting a classic rounding bottom pattern on the monthly chart. The recent breakthrough of resistance, accompanied by a gap up, adds a bullish twist to the narrative. 📈
Key Points:
Pattern Recognition: Monthly chart showcases a promising rounding bottom formation.
Bullish Signal: Resistance crossed with a gap up, a strong indication of positive momentum.
Short-Term Target: Eyeing a short-term target of Rs118 with sl of 78
🔍 Analysis:
The technical seem aligned for a potential breakout. Always crucial to conduct thorough research and keep an eye on market trends. Remember, the market is dynamic, so continuous monitoring is key.
📆 Timeline:
For those considering a short-term play, keep an eye on the evolving market conditions and news that might impact GMR Infra's performance.
Let's keep the discussion open! What are your thoughts on this setup? 🤔💬
#StockMarket #TechnicalAnalysis #GMRInfra #Investing #Finance
Trade closed: stop reached:
sl hit on 13 march