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...
GMR INFRA
Trend line breakout on daily chart
Buy above 39.5 levels for targets of 42 to 44
Keep short term view and keep trail SL.
In case of Gap up and Gap down avoid setup
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Pin bar candle formed at bottom of the channel. Good price to enter with low as stop loss. Targets are in chart.
Educational purpose. Trade on your own risk with proper money management.
1. Head & Shoulder in Formation. (Bearish Pattern)
2. Confirmation below 43 DCB.
3. Patterns fails above 45 DCB
4. Pattern completion Target 39. Break down Target 36.
5. Slow moving small stock so Option Trading (on Buying side) is not advised.
6. Consult your financial adviser before entering any trades because it involves monetary risk.
7. Views shared here...
NSE:GMRINFRA
#NSE:GMRINFRA trading bullish and reached Resistance, Post confirmation may show good momentum.
Interested may ping in personal for the levels.
I hope you can now see how GMRINFRA represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
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
SL: 28
Risk-o-meter: Mild
Message me or comment if you want faster updates.
NSE:GMRINFRA
#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.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on GMR Infrastructure. Can check link to related ideas.
Target 1 achieved. More than 33%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
GMR INFRA in positive zone after breakout above 38-39 . last few days correction from 45-46 to 40 level again good buy opportunity those who miss the chance earlier, 39-40 is support area, accumulate for target 45-48 for short term and 50-55 in mid term with stop loss 35
GMR INFRA ...at bullish breakout level on daily chart as well as 15 minutes chart . good stock at buy intraday at breakout level .
on technical chart bullish technical indicators seen.
1. Stock made double bottom Formation at 43.50 level.
2. Stock taken trendline support
3. At trendline support bullish doji candle seen
4. MACD at 0 line breakout level .
GMR...
I hope you can now see how Gmrinfra represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
** 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
Risk :...
