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By EquityPandit

GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (November 06, 2023 – November 10, 2023)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 5.34%.

Technically, Gmr Infra share price will see immediate support at 54.37 and immediate resistance would be seen at 57.42.

If Gmr Infra share price closes below immediate support of 54.37, then sharp breakdown can be seen. Gmr Infra share price will see major support at 52.68 for the week.

62.0062.0061.0061.0060.0060.0059.0059.0058.0058.0057.0057.0056.0056.0055.0055.0054.0054.0053.0053.0052.0052.00Sep 21Sep 21Sep 26Sep 26Sep 29Sep 29Oct 5Oct 5Oct 10Oct 10Oct 13Oct 13Oct 18Oct 18Oct 23Oct 23Oct 27Oct 27Nov 1Nov 1Reversal Level 54.78BuyBuySell

On the positive side, immediate resistance will be seen at 57.42. Closing above 57.42, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 58.78 for the week.

Trading range for Gmr Infra share price for this week should be between 51.32 on down side and 60.47 on up side.

Gmr Infra Previous Week High: 57.1

Gmr Infra Previous Week Low: 54.05

Gmr Infra Previous Week Range: 3.05 Points

Gmr Infra share price support and resistance for the week (November 06, 2023 – November 10, 2023)

Level Type Value
Resistance 3 60.47
Resistance 2 58.78
Resistance 1 57.42
Support 1 54.37
Support 2 52.68
Support 3 51.32
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