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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (May 20, 2024 – May 24, 2024)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 9.23%.

Technically, Gmr Infra share price will see immediate support at 80.92 and immediate resistance would be seen at 88.92.

If Gmr Infra share price closes below immediate support of 80.92, then sharp breakdown can be seen. Gmr Infra share price will see major support at 75.78 for the week.

94.0094.0092.0092.0090.0090.0088.0088.0086.0086.0084.0084.0082.0082.0080.0080.0078.0078.0076.0076.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 81.40BuyBuySellSell

On the positive side, immediate resistance will be seen at 88.92. Closing above 88.92, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 91.78 for the week.

Trading range for Gmr Infra share price for this week should be between 72.92 on down side and 96.92 on up side.

Gmr Infra Previous Week High: 86.65

Gmr Infra Previous Week Low: 78.65

Gmr Infra Previous Week Range: 8 Points

Gmr Infra share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 96.92
Resistance 2 91.78
Resistance 1 88.92
Support 1 80.92
Support 2 75.78
Support 3 72.92
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