Buy for 18.5 With recent low as stop loss. Can expect good money
In the last one year NSE:GMRINFRA has reversed when ever it reaches the 200 day MA. (All has been highlighted in the chart) It has once again reversed from its 200 day MA. Go long above - 17.80 T1 - 18.60 T2 - 19.50 SL - 16.60
Short term to medium term.. Accumulate GMR INFRA AT 16-16.50 SL 14 TGT 18.50/20/22 CMP 16.90
Double bottom break out and oscillators are positive, MACD cut in weekly chart. These indicators may help it to move up further Target: 21.5-21.8 range. Stoploss: 17.90 Vijayaraghavan, Inditrade, Kovilpatti.
with a infra push coming from government and contract of new airport of navi mumbai the stocks raised as we can see there is retracement happening due to sudden price rise below are the idea for long and short term Technical Idea Entry- 18.05 SL-18.75 Target 1- 17.15 Fundamental Idea Entry-19.65 Sl-19.05 Target-22
with a recent news of infra push and navi mumbai airport contract the stock had good upmove and as we can see from the charts there is a retracement from high point Technical Idea Entry-18 SL-19 Target- 17.15 long idea Entry-19.6 SL-19.05 Target-22
GMR Infra has formed Bullish Gartley Setup. One can go long above 16.45 Target 1 - 17.60 Target 2 - 18.20 Stop Lost - 16
immediate target 36 and if close above then Rs 100/- within 2 years.
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.
GMR forming a rounding bottom with increasing volumes. Smart accumulation going on.
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.