GMR INFRA 15 MIN CHART INTRADAY SETUP 16/03/2022
>> Lower channel support
>> double bottom support seen at 37.40 level
>> triangle formation seen breakout triangle above 37.75 will be bullish
Buy GMR INFRA above 37.75
Target 1 - 38.50
Target 2 - 39
Stop loss 37
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !!
HAPPY TRADING. !!
GMR INFRA .. CO through subsidiaries operates in four business sectors namely Energy, Airports, Highways, Urban infrastructure recently stock has made multiyear breakout
after consolidation from 39 level and made high at 49 sub level ..at 49 sub level stock get rejection to go up and made double top formation and corrected , nifty corrected
#NSE:GMRINFRA trading bullish with our breaking support and zoomed today with 300% returns more than a lac bagged with this script today !!
Chart attached for your reference.
Happy to see the charts performing after many days, wish to see many profit screens !!
check out my profile for complete details.
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...
** Trade Plan **
Setup :> Here there is a trendline breakout . So be a Positional Trader in the stock.
Entry :> Should be done on the retest of the trendline
Exit :> Possibly the nearest high shown in the chart.
Stoploss :> The trendline here might work as a support. Stoploss should be kept just below the trendline
GMR Infra Heikin-Ashi Bullish Trend Reversal Candle Pattern
GMR INFRA TECHNICALS bullish candle pattern seen on daily timeframe chart
Hiken-Ashi bullish green candle with no pin bar at bottom continuation of doji candle forms a bullish pattern after consolidation.
Extremly Bullish chart pattern very short term target 44-46
stop loss 37 for short...
Its an amazing sight to see patterns and mathematics following each other so beautifully. GMR Infra is following an ascending channel. I have marked two channels, one in dotted line format (inside channel), and the other one in simple line format.
After March 2020 downfall, it has made a peak which is close to extended Fibonacci level 1.618. I have used two sets...
TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
Honest technical gurus are bullish on this and I do agree. The stock is now flying after successful retest of the support.
Targets: 38, 47, 57
Message me or comment if you want faster updates.