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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (October 16, 2023 – October 20, 2023)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 5.43%.

Technically, Gmr Infra share price will see immediate support at 57.60 and immediate resistance would be seen at 60.90.

If Gmr Infra share price closes below immediate support of 57.60, then sharp breakdown can be seen. Gmr Infra share price will see major support at 55.90 for the week.

On the positive side, immediate resistance will be seen at 60.90. Closing above 60.90, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 62.50 for the week.

Trading range for Gmr Infra share price for this week should be between 54.30 on down side and 64.20 on up side.

Gmr Infra Previous Week High: 60.8

Gmr Infra Previous Week Low: 57.5

Gmr Infra Previous Week Range: 3.3 Points

Gmr Infra share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 64.20
Resistance 2 62.50
Resistance 1 60.90
Support 1 57.60
Support 2 55.90
Support 3 54.30
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