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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (May 27, 2024 – May 31, 2024)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 4.88%.

Technically, Gmr Infra share price will see immediate support at 84.50 and immediate resistance would be seen at 88.80.

If Gmr Infra share price closes below immediate support of 84.50, then sharp breakdown can be seen. Gmr Infra share price will see major support at 82.05 for the week.

94.0094.0092.0092.0090.0090.0088.0088.0086.0086.0084.0084.0082.0082.0080.0080.0078.0078.0076.0076.00Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30May 6May 6May 9May 9May 14May 14May 17May 17May 22May 22Reversal Level 84.45BuyBuySellSell

On the positive side, immediate resistance will be seen at 88.80. Closing above 88.80, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 90.65 for the week.

Trading range for Gmr Infra share price for this week should be between 80.20 on down side and 93.10 on up side.

Gmr Infra Previous Week High: 88.2

Gmr Infra Previous Week Low: 83.9

Gmr Infra Previous Week Range: 4.3 Points

Gmr Infra share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 93.10
Resistance 2 90.65
Resistance 1 88.80
Support 1 84.50
Support 2 82.05
Support 3 80.20
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{"buy_point":[{"en_ltd":"2024-05-14","en_sup_p_91":"83.18","en_sup_t_91":"79.49","prev_close":"82.35","en_close":"83.45","new_date":"May 14","prev_close_no":82},{"en_ltd":"2024-04-23","en_sup_p_91":"82.26","en_sup_t_91":"79.46","prev_close":"81.05","en_close":"82.35","new_date":"Apr 23","prev_close_no":81}],"sell_point":[{"en_ltd":"2024-04-30","en_sup_p_91":"86.25","en_sup_t_91":"89.69","prev_close":"87.40","en_close":"85.15","new_date":"Apr 30","prev_close_no":87},{"en_ltd":"2024-04-15","en_sup_p_91":"83.23","en_sup_t_91":"84.06","prev_close":"83.70","en_close":"80.65","new_date":"Apr 15","prev_close_no":83}]}

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