GMR INFRA - ATH Breakout | Bullish Outlook?
Price Analysis & Overview:
1. Good volume on BO candle.
2. Breakout candle rejection from top is a sign of selling pressure.
3. RRR is not the best!
4. Earnings growth are okay.
Trade Plan:
- I would avoid entry at CMP looking at the overall picture.
- But a risky bet can be taken at cmp with 10% Sl and 20% target.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Good volume on BO candle.
2. Breakout candle rejection from top is a sign of selling pressure.
3. RRR is not the best!
4. Earnings growth are okay.
Trade Plan:
- I would avoid entry at CMP looking at the overall picture.
- But a risky bet can be taken at cmp with 10% Sl and 20% target.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
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