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By EquityPandit

GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (October 09, 2023 – October 13, 2023)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 6.39%.

Technically, Gmr Infra share price will see immediate support at 59.05 and immediate resistance would be seen at 63.00.

If Gmr Infra share price closes below immediate support of 59.05, then sharp breakdown can be seen. Gmr Infra share price will see major support at 56.50 for the week.

68.0068.0066.0066.0064.0064.0062.0062.0060.0060.0058.0058.0056.0056.00Aug 24Aug 24Aug 29Aug 29Sep 1Sep 1Sep 6Sep 6Sep 11Sep 11Sep 14Sep 14Sep 20Sep 20Sep 25Sep 25Sep 28Sep 28Oct 4Oct 4Reversal Level 58.68BuySellSell

On the positive side, immediate resistance will be seen at 63.00. Closing above 63.00, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 64.40 for the week.

Trading range for Gmr Infra share price for this week should be between 55.10 on down side and 66.95 on up side.

Gmr Infra Previous Week High: 61.85

Gmr Infra Previous Week Low: 57.9

Gmr Infra Previous Week Range: 3.95 Points

Gmr Infra share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 66.95
Resistance 2 64.40
Resistance 1 63.00
Support 1 59.05
Support 2 56.50
Support 3 55.10
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{"buy_point":[{"en_ltd":"2023-10-06","en_sup_p_91":"60.40","en_sup_t_91":"58.68","prev_close":"59.40","en_close":"61.60","new_date":"Oct 6","prev_close_no":59},{"en_ltd":"2023-09-05","en_sup_p_91":"63.70","en_sup_t_91":"61.14","prev_close":"63.35","en_close":"63.90","new_date":"Sep 5","prev_close_no":63}],"sell_point":[{"en_ltd":"2023-09-12","en_sup_p_91":"62.04","en_sup_t_91":"64.53","prev_close":"64.35","en_close":"59.50","new_date":"Sep 12","prev_close_no":64},{"en_ltd":"2023-08-28","en_sup_p_91":"61.34","en_sup_t_91":"64.09","prev_close":"62.20","en_close":"60.75","new_date":"Aug 28","prev_close_no":62}]}

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