GMR INFRA - ATH Breakout | Bullish Outlook?
Price Analysis & Overview:
1. Good volume on BO candle.
2. Breakout candle rejection from top is a sign of selling pressure.
3. RRR is not the best!
4. Earnings growth are okay.
Trade Plan:
- I would avoid entry at CMP looking at the overall picture.
- But a risky bet can be taken at cmp with 10% Sl and 20% target.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Good volume on BO candle.
2. Breakout candle rejection from top is a sign of selling pressure.
3. RRR is not the best!
4. Earnings growth are okay.
Trade Plan:
- I would avoid entry at CMP looking at the overall picture.
- But a risky bet can be taken at cmp with 10% Sl and 20% target.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Anubrata Ray
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.