GMR INFRA form multiyear breakout CUP pattern on Monthly Chart. This will be Good pic for Short term - Mid-term - long term Target.
AS Intelligent investor BUY when everyone is selling on fear and SELL when everyone BUY and make good profit then Y not take this opportunity to have a good pic in portfolio as lower risk and max profit.
BUY GMR INFRA cmp @ 41.45
Short term target 44-48, mid term target - 55-60, long term target 70-80
Stop loss 37
TECHNICAL INDICATORS .
1. Multiyear breakout at 39 level and stock currently conolidating around 41-44 level for upper side breakout.
2. CUP PATTREN FORMATION
3. MA ADX green indicate bullish trend
4. RSI(14) trading above 75 ...(between 75-100) bullish.when stock at uptrend
5. monthly chart breakout candle confirm.
** Please make own study and analysis and take call at own risk.
WISH YOU HAPPY TRADING. !!
AS Intelligent investor BUY when everyone is selling on fear and SELL when everyone BUY and make good profit then Y not take this opportunity to have a good pic in portfolio as lower risk and max profit.
BUY GMR INFRA cmp @ 41.45
Short term target 44-48, mid term target - 55-60, long term target 70-80
Stop loss 37
TECHNICAL INDICATORS .
1. Multiyear breakout at 39 level and stock currently conolidating around 41-44 level for upper side breakout.
2. CUP PATTREN FORMATION
3. MA ADX green indicate bullish trend
4. RSI(14) trading above 75 ...(between 75-100) bullish.when stock at uptrend
5. monthly chart breakout candle confirm.
** Please make own study and analysis and take call at own risk.
WISH YOU HAPPY TRADING. !!
Comment:
Comments.. Agree or Disagree About idea .. welcome !!
Comment:
SUPPORT $ RESISTANCE ON DAILY CHART.
S1 - 39.50
S2 - 40.75
S3 - 42.50
R1- 42.50
R2- 44.75
R3- 45.50
S1 - 39.50
S2 - 40.75
S3 - 42.50
R1- 42.50
R2- 44.75
R3- 45.50
Comment:
considering high volatility in short term, stop loss can revised from 37 to 35.!
Comment:
GMR INFRA all set to ready for next big jump 44-48 ...what i am waiting is closing above 44.75 level resistance now!
Comment:
TARGET 2- 48 HIT TODAY. !!
Trade active
Comment:
WISH ALL..HAPPY NEW YEAR ..!! 2022