GMRINFRA - KEY BREAKOUT LEVELS FOR 6 JAN 2021For more charts, please contact me via direct messageby QUANTECHNICAL1
#GMRINFRA close to 13 year breakoutA monthly close above 27.15 could result in multi-year breakout for GMR with first upside of atleast 53. Final upside for this trend could be much higher than 90+. by aditya19820
GMR infra trend reversalbolli bands being tested again and again in tighter time frame charts assuming markets are bullish with the first 30 mins candle being green might have a play hereby DividerPrime0
[Positional] GMR Infra Short IdeaI will not buy if it breaks upside the resistance at all. The company is not performing better than it was doing pre covid time. It has tons of debt and financial condition actually worsen! Valuation will do its job and catch up! Follow it for shorting . As per the charts. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. I also do my trades live, Please refer to the link to my footer if you want to tail me.Shortby Amit_GhoshUpdated 116
GMRINFRA REVERSL SWING TRADE [VOLUME PROFILE + VSA]LONG GMRINFRA AT POC 26.5 SL - EXIT IF DAY'S CLOSE BELOW 25.8Longby ar_volumetrader4
GMR INFRA MONTHLY (MULTIBAGGER ????)GMR INFRA = IF BREAKOUT 37.40 WILL BE MULTIBAGGER .............. by VIBRANT_MITESH3
GMR Infrastructure - Cup and handle patternGMR Infrastructure weekly store shows cup and handle pattern formation. There is cup and handle pattern breakout. Can buy at cmp with stop loss of 25.75 or wait for some correction. Can go long with trailing stop loss. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)Longby Vishakha_Nanavaty113
GMR INFRA Let's wait till Channel breakout in GMR INFRA towards upside. Can accumulate now at 22-23 levels for target of 33+Longby swapnilkommawar0
2 months of unstoppable try — to break 25!!Price has been keeping on rejecting from 25 levels for the last 2 months, and now it's time for the break. This is a very low price stock which I usually don't look upon, but this thing is interesting. Longby Tradersasi23Updated 111
GMR Infra breakoutAfter the heavy consolidation GMR is about to break out...It will be the wise trade for long term holding...Longby prabhakaransuccess1
GMRINFRA Postional buy at CMP 23 for 195/200 targets for 27/30GMRINFRA Postional buy at CMP 23 for 195/200 targets for 27/30Longby Rahulola0
Once again at 24.50- will it close above?Price reached the resistance level once again 24.50, if closes above this level then the target will be the trend line running through the TOP. Longby Tradersasi233
Once again price at 25 rejection levels. Price once again came to 25 rejection levels. Now the price is looking super bullish but still it will reject from this levels. If breaks this levels this analysis is invalid and you got to look for long opportunities. Shortby Tradersasi23Updated 6
Rarest of Rare Double Rounding Bottom with Break n Retest PattrnNSE:GMRINFRA INVESTMENT IDEA // MULTI-BAGGER DISCLOSURE & DISCLAIMER ➢ AT CURRENT PRICE LEVELS THIS IDEA IS FOR EDUCATIONAL PURPOSE ONLY. DEPENDING ON THE FURTHER PRICE MOVEMENT IN COMING WEEKS OR MONTHS, I MIGHT POST A BUY RECOMMENDATION, ONCE IT FULLY MEETS MY CRITERIA. YOU CAN FOLLOW ME FOR ANY SUCH POST IN FUTURE. ➢ ALL MY IDEAS AND RECOMMENDATIONS ARE SUBJECT TO MARKET CONDITIONS. PLEASE TRADE / INVEST / FOLLOW / COPY THE IDEA AT YOUR OWN RISK. I DO NOT TAKE RESPONSIBILITY OF YOUR LOSS OR CREDIT FOR YOUR PROFIT. ➢ I MAY OR MAY NOT HAVE ANY PERSONAL INVESTMENTS IN THIS SCRIPT. ➢ AS THE IDEA IS FOR LONG TERM INVESTMENT AND NOT FOR TRADING. THE IDEA BASED ON BOTH STRONG TECHNICAL & FUNDAMENTAL (QUANTITATIVE) ANALYSIS OF THE STOCK. ➢ ROUNDING BOTTOM STOCKS TEND TO GIVE FALSE BREAKOUTS AT DIFFERENT LEVEL AS THEY TRY TO CROSS MULTIPLE RESISTANCES AT MULTIPLE INSTANCES. THOUGH THE RISK REWARD IS VERY HIGH FOR THESE PATTERNS, IT’S VERY IMPORTANT TO FOLLOW STRICT PRICE LEVELS FOR ENTRY AND EXITS. So let’s begin.... What is a rounding bottom pattern and how it works? In general, as the name suggests, when the stock chart has a curve or rounding shape as marked in the above chart it can be called Rounding Bottom Pattern. This pattern can occur anywhere in a chart and on any type of chart (Intraday, Daily, Weekly, Monthly etc). Though its not simple to use with a thumb rule per say, but an experienced technical trader can easily identify and use it effectively for his trading after several confirmations and combinations, such as price volume breakouts, DEMA crossovers or several other technical indicators. How to identify a multi-bagger with rounding bottom pattern? Just for the beginners, Multi-baggers are generally referred to investment grade stocks that gives returns that are multiple times of the buying price. So if you invest in a stock Rs. 100,000 in XYZ stock and over the period of 2-3 years it is worth of 500,000; The XYZ stock can be called as 5X bagger. So now let’s see what is a Double Rounding Bottom Multi Bagger (DRBMB) with a retest. An DRBMB stock must meet certain criteria, which I am listing as below: (Please select and refer the monthly chart of the stock with full history available) - The stock should have a history of at least 10 years. - In the past, stock price must have performed at least 5 times of the current price levels and fallen from that peak gradually over months / years. - Stock must have made 2 rounding bottom patterns in the time frame of 2-3 years each. - Consolidation breakout as shown in the chart herewith. - Confirmation on fundamentals (as below) Do I need to check Fundamentals of company? - Further to above confirmations, above chart pattern must be backed by the quantitative and qualitative fundamentals of the company. For example, once the consolidation breakout happens the company should start posting positive quarterly earnings every quarter consistently for 2-3 years minimum. - Company should continuously doing reforms such as debt reductions, bagging new orders, promoters releasing their pledging and buying back more stake in the company etc. (If you are not confident of doing the above yourself, for both the above confirmations, you can watch news channels (which I don’t recommend otherwise) and follow the renowned fundamental analysts who will definitely post their views on the stock time to time as it progresses.) Why GMR INFRA? In my view, GMR INFRA is a potential DRBMB which can qualify all the above criteria and can become a wealth creator over the period of 3-5 years. When should I start and stop tracking? Easiest way is to follow me, as I will be posting updates on this post so you can be well aware about the entry point and exit points. Other option is to follow the below quick price level summary by putting level alerts: LTI Educational Call // Dated: 21 / 09 / 2020 NSE: GMRINFRA LTP: 23.95 ENTRY: When Monthly closing is above 30.00 EXIT (STOP LOSS): When Monthly closing is below 25.00 (@20%) (If you need accurate SL / Exit when MONTHLY 5 EMA crosses below MONTHLY 26 EMA) TARGET 1: 80.00 (3x times of Entry Price within in 1 Year) TARGET 2: 120.00 (3x times of Entry Price within 2 Years) TARGET 3: Follow me... :-) Are there any references or examples of such patterns? Check out the stock TANLA SOLUTIONS (NSE: TANLA) for the similar chart pattern. Would there be any opportunities of short term / swing trading in this stock? Yes, once the stock is closed above 200 Monthly EMA there will be ample opportunities of swing trading and short term trading as well. HAPPY INVESTMENTS & TRADING!! Educationby Amit_PadishalwarUpdated 4412
Do you really Know how the developing wave Can be ,Check out I have made an small video on developing waves , those who thinks that waves are always impulse , they can try to understand looking in the way i see This stock is Going up , No matter what , before it makes an move up it will give a very shallow move down Enter on reversal at or near the place where i have indicated in the chart Good luck people 09:54by ShreeKrishna17