GMR INFRA
CMP 17.15 SL 17.05 ON CLOSING BASIS TGT 19.65, 21.25
DISCLAIMER: I AM A NOVICE AT CHARTING AND THIS CHART IS FOR EDUCATIONAL PURPOSE ONLY. VIEWS AND OPINIONS ARE WELCOME
Here is the fundamental news. GMR infrastructure is reducing its debt considerably which gives hope for the investors. You can google and confirm it. Technically my favourite rounding bottom is forming both in weekly and monthly charts. This stock will triple its price in 3 to 4 yrs. Always consult your financial manager before investing.
GMRInfra seems to have consolidated and trading now above the boundaries of Flag. It seems a good opportunity to buy at this level with SL just below the low of today Target 13.70 risk to reward 4.
Stock looks to have bottomed out from its long downtrend journey. Close above 15.5 with good volume will be good investment in stock.
Patience is required, wait and watch for now...
Dear frnds keep your eyes on dis stock also as its got breakout last week but wait for entry once its touch again its trendline at that time enter in long trade for nice risk reward ratio. entry price,stoploss and targets given on chart.
hit like if you agree with my plan,and join me for more n more updates and trade idea's friends i really appreciate your...
There seems to be a potential Bearish Bat formation on NSE:GMRINFRA on the daily charts.
A short can be initiated at 13.88
Target 1 : 12.48
Target 2 ; 11.65
Stop : 14.52
Please Note : The lot size for futures of this stock is 45,000 units.
Disclaimer : The chart is only for educational purposes and in no way a recommendation to trade. Please...
