*for educational purpose only. As infrastructure is getting high attention GMR INFRA is best for heavy investment. Volume is good with high momentum. Big players taking their positions. RSI is above 60 on monthly chart. Stock is trading near to its 16 years resistance. Making cup of more than one decade.Longer the cup stronger the move.
GMR : Breakout and currently facing resistance Need to sustain 85 levels for a possible strong upmove
GMR Infra is at an important resistance line which is a 13 year strong resistance. A strong weekly and monthly candle indicate that it may cross the horizontal resistance line. After that next resistance is 55. Looks good for going long if closes above the resistance line with volume. SL 40-41.
15years huge consolidation . potential breakout candidate , can give huge upmove
Trendline breakout, made higherhigh, came down for retracemet. Currently at the Retracement Level. Buy Min Qty as one more Proper Buying Zone is Below. Maintain Stoploss.
GMR Airport Infra CMP 85 very good on technical chart . Breakout after a long IHnS formation and having target of 119. Also showing BO after 2009 which has a tgt of 144. Airport traffic is on the rise and GMR is handling many busiest airports in INdia.
Resistance at 88.10 With 2₹ of SL one can enter here with a target of 118 Amazing risk reward ratio
Limited upside in Short term Good Down Trend below 83.2 Target 79.75, 75.75 and 71
GMR Infra looks bearish, at least in the short term. Based on my setup, it looks like it is ready for a big move and it might just be a strong pull towards the downside. The rationale is that the market is looking to correct a bit (short term, nothing wrong fundamentally), and GMR has a bearish setup and hence might follow the same overall negative trend. GMR 75...
GMR Infrastructure Limited (CMP: 68.90) has given a breakout on a daily chart. Also, the stock has given a range breakout on the Weekly chart. It has a possible upside of 75,93,144. One can place a stop loss of 58.30 (W) basis. Also, good volume can be seen daily (487.22M). A level of 66 can act as a support zone. Disclaimer: I am not a SEBI registered analyst....
This type of rounding bottom pattern is seen only in books which is going to happen with this stock after 15 years. There is a possibility to go up....Picture perfect rounding bottom breakout.
GMRINFRA 100+ Targets soon before Election. LTP - 84 Targets - 100+ Daily charts Flag Pattern breakout. Happy Investing.
When a stock form a Rounding Bottom pattern and give a BO to a major resistance than it can go to substantial high.. As this seems to be a Quarterly Rounding Bottom pattern so target should be ATH Entry above 81.40 Target ATH
For Educational Purpose.. ⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased ⚠️ No Buy Sell recommendation, do your own Analysis. #GMRINFRA IS READY TO BUY LONG - After 15 Year Breakout - On Monthly chart showing Cup & Handle Pattern Waiting Time 3-6 Months Long Above - 70 SL - 58 Target - 75, 80, & More... Thank you
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...
GMR INFRA Hourly chart suggest 20% upside in 1-2 Months. LTP - 74.65 SL - 69 Targets -91+ Happy Investing.
GMR infra near a point where it can break or fall from resistance, it is also near 61 EMA level which if breaks can gain good profit, the level is also near MACD positive cross
GMR INFRA closed with 52week high on 2023, Currently trading around 80.00. Master candle created in Monthly time frame, Long until it breaks previous candle low of Monthly time frame and Buy futures of March series 2024 and Equity.