GMRINFRA trade ideas
GMR Target 34GMR Infra has good support at 28.5. If the reversal is confirmed at the support line then the bullish target is 34 in few weeks.
Enter above 29.65 SL 28.
GMR Infra | Consolidation Breakout |GMR Group is an Indian infrastructure development company headquartered in New Delhi. The company was founded in 1978 by Grandhi Mallikarjuna Rao. Employing the Public-Private Partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in several countries including Nepal, Indonesia, Singapore, Philippines and Greece.
GMR Group is a leading infrastructure developer that has excelled in creating mega Infrastructure projects globally. The Group owns, develops, operates and manages airports, major energy utilities, highways and urban infrastructure facilities. With a net asset base of nearly US $6 billion, GMR Group is one of the largest infrastructure development companies in India.
#GMRInfra
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GMR Infra { 15 M short }Shorting the Flag pattern break ! it making IB & we will short if it breaks
Rest is as per charts
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use smaller tf SL & trade in 15M or 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR indicator as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change ( PSAR : Parabolic Stop n reverse )
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
GMRINFRAThis one has kicked off its day on a high note of volumes and looks to take off to new levels.
It has cleared the weekly and daily highs and looks to achieve 34 & 37.
Stop loss can be kept at 29
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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GMRINFRA is ready to breakout ?GMRINFRA, it tested 24 price target in 3 times since Jan 2021 and got good support as well. Seems like it is ready to breakout up words .
GMR Infra looks good from here!GMR Infra is at a strong support with confluence of 200EMA. Can go till 27/28 with SL of 23.50
GMR Intraday range for 8 to 10KGMR seems to be oscilating between 27.3 and 28.3/28.7.
Atlease once a day this movent happens, with a lot size of 22500 , entering at 27.4 and exiting at around 28.3 will give 8 to 10K , or Shorting around 28.3/4 and covering around 27.3/4 , one can play both ways to make good money, or take only the trade which conforms with over all day trend.....
GMR infra10 WEEKS Range
Breaking on either side will give a good move
My Bias-LONG
I will be riding it through options.
#GMRINFRA are we missing something ?For the last 8-9 years, we have witnessed sideways trading range GMRINRA between 10-35 with multiple rounding bottom. are missing breakout timing of GMRINRA after one decade?
long GMRINFRA
looking to buy GMRINFRA
IF it closes daily above 22.45 , tgt 26
it is not a tip , jut m view , trading is a risky business , any profit /loss is not my concern
any one wants to analyse like this can get in touch with me
GMR Honeymoon overDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
GMR LONGGMR DECIDED TP DIVEST 49% STAKE IN GMR AIRPORTS , ITS PLANS TO USE THE FUNDS RAISED TO PARE DEBT
