GRInfra has given a symmetrical triangle breakout of a big consolidation.
Stock has been underperforming since quite few years and stock can fly if breakout is successful.
Stock has got amazing fundamentals and is a gem stock for long term.
Investors who believe in India's infra story should not miss this stock.
GRINFRA has given a breakout from symmetrical triangle pattern on 1D timeframe. It is also trading above its 200 EMA. Go long after bullish confirmation.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
GRINFRA is near a large weekly base BO of 85+ weeks and recently broke out of a small weekly base of 34ish weeks.
Feels strong and following is the RS score timeline as well :
7th Mar - 28
15th Mar - 32
22nd Mar - 40
28th Mar - 44
Today - 52
We can clearly notice the stock slowly gaining momentum to outperform other stocks in the market. Its now outperforming...
GR Infraprojects Ltd In this stock, an inverse head and shoulders chart formation has occurred on a weekly timeframe. The stock is seeing a lot of volume.
In that case, entry can be taken if this stock breaks out of the inverse head and shoulders chart.
Entry Level Above - 1428. The target for swing trade is 1550 to 1600. The target for the short term is 1772 to...
A promising long position opportunity emerges in GR Infrastructures, as both price action and key indicators signal a potential reversal.
*Technical Analysis:*
Recent price action in GR Infrastructures has shown signs of a keen reversal, supported by various technical indicators. Notably, indicators such as MACD, RSI, and stochastic oscillators are exhibiting...
The stock has been moving in phases which is the basis of the dow theory , the first phases have been successfully ended and now the bullish phase is underway , the stock has been forming lower lows in the past and is making a rounding bottom pattern which would be followed by higher highs . the fundaamentals of the stock are abolutely paragon moreover the sales...
Forming inverted head and shoulders pattern.
Confirmation: The pattern is considered confirmed once the price closes above the neckline.
False Breakouts: Be cautious of false breakouts; waiting for a retest of the neckline from above can provide additional confirmation.
Details are as mentioned. I hope you guys are disciplined enough and aware of VOLUME PROFILE analysis.
For queries get in touch @Subhrajit006
N.B : I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The...
NSE:GRINFRA debuted in market with massive 100% gains on listing. The infra giant has fallen after stellar gains and is now on verge of another symmetrical triangle breakdown on daily charts. This can be a turnaround candidate once it breaks out above 1400.
Trend Reversal trade
Fundamentals,
1. Strong EPS
2. Cashflow is improving
3. Company with Zero Promoter pledge
Negative:
1. FII holding is declining
2. Decline in Qtr & Qtr profit & revenue
Technicals
1. Price is near 52 weak high
2. High momentum
SL: 1278
- Basing formation on weekly charts
- Large bullish candles at bottom
- If crosses, Immediate resistance around 1350 then 1st sign of trend change from down trend to uptrend.
Sharp u turn recovery from the level 1035-40.
My analysis: we should wait for some coreection at list till 1100-1120 .or buy above 1320 -30. Add more around 950-30 if come..it may go up to 1300 and 1700 1870-80 .
Fundamental of the company is also good .
Do your own research before investing.
It's just my view .# Not recommendation to buy or sell#
#Risk Hai to...
BUY GRINFRA PRICE @ CMP1190.00 16% ROI EXPECTED
Buy1 cmp entry @1190.00
Target 1 @1381.00
ROI 1 @ 16%
Buy2 Pending entry @ 1073.00
Target 2 @ 1381.00
ROI 2 @ 28%
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management...
![GRINFRA: GRINFRA Near BO [Weekly]](https://s3.tradingview.com/k/Kgol6U4N_mid.png "GRINFRA Near BO [Weekly]")
