GMR INFRA Multiyear Breakout CUP Pattern -

GMR INFRA form multiyear breakout CUP pattern on Monthly Chart. This will be Good pic for Short term - Mid-term - long term Target.

AS Intelligent investor BUY when everyone is selling on fear and SELL when everyone BUY and make good profit then Y not take this opportunity to have a good pic in portfolio as lower risk and max profit.

BUY GMR INFRA cmp @ 41.45

Short term target 44-48, mid term target - 55-60, long term target 70-80

Stop loss 37


TECHNICAL INDICATORS .
1. Multiyear breakout at 39 level and stock currently conolidating around 41-44 level for upper side breakout.
2. CUP PATTREN FORMATION
3. MA ADX green indicate bullish trend
4. RSI(14) trading above 75 ...(between 75-100) bullish.when stock at uptrend
5. monthly chart breakout candle confirm.

** Please make own study and analysis and take call at own risk.


WISH YOU HAPPY TRADING. !!

Commento:

Comments.. Agree or Disagree About idea .. welcome !!

Commento:

SUPPORT $ RESISTANCE ON DAILY CHART.

S1 - 39.50
S2 - 40.75
S3 - 42.50

R1- 42.50
R2- 44.75
R3- 45.50

Commento:

considering high volatility in short term, stop loss can revised from 37 to 35.!

Commento:

GMR INFRA all set to ready for next big jump 44-48 ...what i am waiting is closing above 44.75 level resistance now!

Commento:

TARGET 2- 48 HIT TODAY. !!

Trade attivo

Commento:

WISH ALL..HAPPY NEW YEAR ..!! 2022