G R INFRA - Trendline breakout

Trend Reversal trade

Fundamentals,

1. Strong EPS
2. Cashflow is improving
3. Company with Zero Promoter pledge

Negative:
1. FII holding is declining
2. Decline in Qtr & Qtr profit & revenue

Technicals
1. Price is near 52 weak high
2. High momentum

SL: 1278