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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (June 03, 2024 – June 07, 2024)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 10.58%.

Technically, Gmr Infra share price will see immediate support at 79.98 and immediate resistance would be seen at 89.48.

If Gmr Infra share price closes below immediate support of 79.98, then sharp breakdown can be seen. Gmr Infra share price will see major support at 75.37 for the week.

94.0094.0092.0092.0090.0090.0088.0088.0086.0086.0084.0084.0082.0082.0080.0080.0078.0078.0076.0076.00Apr 19Apr 19Apr 24Apr 24Apr 29Apr 29May 3May 3May 8May 8May 13May 13May 16May 16May 21May 21May 24May 24May 29May 29Reversal Level 87.20BuyBuySellSell

On the positive side, immediate resistance will be seen at 89.48. Closing above 89.48, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 94.37 for the week.

Trading range for Gmr Infra share price for this week should be between 70.48 on down side and 98.98 on up side.

Gmr Infra Previous Week High: 89.75

Gmr Infra Previous Week Low: 80.25

Gmr Infra Previous Week Range: 9.5 Points

Gmr Infra share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 98.98
Resistance 2 94.37
Resistance 1 89.48
Support 1 79.98
Support 2 75.37
Support 3 70.48
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