📈 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...
Gmrinfra can make an up move giving a good positional and swing opportunity with good and decent targets
ENTRY - 88.5-89
STOPLOSS - 87
TARGETS - 96,100+++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my...
NOTE: I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
Looks good as the candle closes above Gann levels and enters into the new Fann angle
More volumes coming in and candle closing above the intersection of the trendlines is a positive sign
Targets for GMRINFRA Positional
Buy @CMP
Targets : 117-162-206-295
SL - 70
Holding Period Few Months
Please consult your financial advisor before investing
All research for educational purposes only.
Targets for GMRINFRA(Intraday)
Buy @CMP
Targets : 74-75-77-83
SL - 70
Please consult your financial advisor before investing
All research for educational purposes only.
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
GMR Airports Infrastructure Ltd
Target: RS 90
CMP: RS 81.80
STOP LOSS: RS 75
Disclaimer: I am not Sebi Registered.
Multiyear channel breakout stock with a target of Rs.170. This company is loss making company and reducing its loss since three years but not yet profitable , This is only for an educational purpose, hence invest only after consulting your financial advisor. follow on X at iamdeepakparvat
The stock gave a successful breakout from a falling trendline and managed to close above important resistance level of INR 60.
The stock slid 21% in 2months between Oct-Nov. on back of contracting volume which in fact should be seen as a bullish sign.
The Friday low of 57 is crucial support for the stock now and can also be used as a SL.
The stock should now...
