Chart Idea on GMR Infrastructure
As we can see on above chart, GMR Infrastructure stock has made a Cup & Handle pattern formation on the daily chart. Now the stock has major resistance around 27.70. A daily close above 27.70 will see fresh upside move till 30 and then to 33 levels in days to come.
Major support around 25.50, a daily close below 25.50 will negate our bullish view on chart.
Update on GMR Infra (21st June 2021)
GMR Infra very well achieved our first target of 30 (Made high of 31.40). Book part profit at CMP 30.70 and revise stop loss at 28.50 for our next target 33.
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