This is the analysis of GMRP_UI (GMR Power & Urban Infra Ltd) in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Wonderful Cup and Handle pattern formed and broke up. Retracement is also done. Exactly took support from the breakout zone this week. All set to power up for the mentioned target.
This budget may act propel it more to fly soon. Fingers crossed. Lets see.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations -...
As today it breaking all time high resistance with round pattern ..one may expect continuation of up move ..as long term only ..with risk management .
Indicator too showing positive .
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
GMR Power & Urban Infra - Weekly Charts
Date - 10th July 2023 - 5pm
Higher Lows and momentum building up ,
increase in trading
volumes can be taken as positive for the counter.
Weekly closing above 21.5 - 22/-
can easily take it upto 25 , 30 , 33.50 , 38 <<
Slightly risky.
*All Capital Market Standard Disclaimers Apply*
