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GMR INFRASTRUCTURE MONTHLY BREAKOUT PREEMPTING

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NSE:GMRINFRA   GMR AIRPORTS INFRA
πŸ“ˆ Stock Update: GMR Infrastructure (GMR) πŸš€

Exciting developments on the charts! πŸ“Š 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. πŸ“ˆ

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
πŸ” 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.

πŸ“† 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? πŸ€”πŸ’¬

#StockMarket #TechnicalAnalysis #GMRInfra #Investing #Finance
Dagangan ditutup: hentian tercapai:
sl hit on 13 march
Penafian

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