A right shoulder is yet to be finished so this particular stock "GMRINFRA" is only a stock to watch. If this pattern finishes with valid rules for the pattern, we can see the prices falling to the 53-55 range.
This is the analysis of GMRINFRA in Daily Time Frame. Watch carefully. The chart explains itself. In DTF GMRINFRA closes above the green up line of Suraranjan Trading Band indicator but facing resistance at immediate level. If it breaks and sustains above the level, good for the stock. There are some prediction levels. These Levels act as Support and Resistance...
The above study is just a practice after studying the chart patterns while I have discovered this pattern as per the study waiting for the CUP & HANDLE formation to complete Disclaimer - This is not a Stock recommendation. Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates,...
theory based on ichimoku + fibo levels + rsi buy entry for target 55.7, 55.95, 56.5 stop based on comfort can enter 55 ce for option players at cmp 2 disclaimer - trade at own risk
Buying GMRINFRA in DAILY positional trade Good structure making HH-HL
GMR INFRA is forming a 15 years breakout candidate on monthly chart. with Nifty Infra index hovering over a multidecadal resistance, GMR INfra cam be a good candidate for break out. Disc : Invested from lower levels, not a reco for buy or sell.DYOR
Long GMRINFRA, I have taken ATH as nimber of bar to get the all the incming swings of GMR and checking that next resistance date would be 12 may so before 12 may traingle breakout can give very good move expecting depth of traingle as target.
#GMRINFRA : Wedge Breakout & VCP Breakout >> Positional call (1-3 months) >> Enter at cmp or at retraement till safe entry levels >> Good Volume Buildup Lately >> Good Strength in stock >> Swing traders can book profits at 5-10% fully or partially and keep trailling Keep liking & sharing for more such analysis @moneyfesttrading
BUY - GMR INFRA PROJECTS LTD CMP - Rs. 43 Target - 1: Rs. 50 Target - 2: Rs. 65 . . Technicals - Bullish Symmetrical Triangle . . Follow me for more!
NSE:GMRINFRA CMP-37 , Target-30 , Positional call Time frame -March 2023.All my calls posted are positional basis .
gartley with trendlind breakout and inside bar breakout BUY GMRINFRA ABOVE 39.80 ADD MORE IF GET 39.10 CLOSING STOPLOSS BELOW 38.5 TARGETS 41.45-43-44.65-50
Good stock for short to mid term investment. *FOR EDUCATIONAL PURPOSE ONLY*
Trade Or Invest Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI registered advisor. Profit is your and loss is yours. Please like and share if you agree with the idea.
GMR Infra Looking Good for swing trade.... Only For educational purpose...
GMRINFRA is moving n bullish channel in daily time frame. If you can see higher high and higher low formation is happening . crossing 42 then expecting closing above ATH
GMR INFRA HOURLY chart having flag n pole breakout. 20 ema support. Good to buy at 37.50 with sl below 36.90 for target of 39.10
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
This is just for educational purpose and no buy or sell recommendation. Chart is self explanatory.