GMR INFRASTRUCTURE MONTHLY BREAKOUT PREEMPTING
📈 Stock Update: GMR Infrastructure (GMR) 🚀
Exciting developments on the charts! 📊 GMR Infra seems to be exhibiting a classic rounding bottom pattern on the monthly chart. The recent breakthrough of resistance, accompanied by a gap up, adds a bullish twist to the narrative. 📈
Key Points:
Pattern Recognition: Monthly chart showcases a promising rounding bottom formation.
Bullish Signal: Resistance crossed with a gap up, a strong indication of positive momentum.
Short-Term Target: Eyeing a short-term target of Rs118 with sl of 78
🔍 Analysis:
The technical seem aligned for a potential breakout. Always crucial to conduct thorough research and keep an eye on market trends. Remember, the market is dynamic, so continuous monitoring is key.
📆 Timeline:
For those considering a short-term play, keep an eye on the evolving market conditions and news that might impact GMR Infra's performance.
Let's keep the discussion open! What are your thoughts on this setup? 🤔💬
#StockMarket #TechnicalAnalysis #GMRInfra #Investing #Finance
Exciting developments on the charts! 📊 GMR Infra seems to be exhibiting a classic rounding bottom pattern on the monthly chart. The recent breakthrough of resistance, accompanied by a gap up, adds a bullish twist to the narrative. 📈
Key Points:
Pattern Recognition: Monthly chart showcases a promising rounding bottom formation.
Bullish Signal: Resistance crossed with a gap up, a strong indication of positive momentum.
Short-Term Target: Eyeing a short-term target of Rs118 with sl of 78
🔍 Analysis:
The technical seem aligned for a potential breakout. Always crucial to conduct thorough research and keep an eye on market trends. Remember, the market is dynamic, so continuous monitoring is key.
📆 Timeline:
For those considering a short-term play, keep an eye on the evolving market conditions and news that might impact GMR Infra's performance.
Let's keep the discussion open! What are your thoughts on this setup? 🤔💬
#StockMarket #TechnicalAnalysis #GMRInfra #Investing #Finance
Trade closed: stop reached
sl hit on 13 march
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.