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(GMRINFRA) Gmr Infrastructure complete technical analysis [charts+indicators] | Buy/Sell Gmr Infrastructure | (GMRINFRA) share price targets

Complete technical analysis of Gmr Infrastructure (GMRINFRA) by charts plus indicators, forecast predictions and share price targets for Gmr Infrastructure (GMRINFRA)

Gmr Infrastructure trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Gmr Infrastructure is 17622676

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	80.50	80.50	81.10	79.40	0.763 times
15 Mon Apr 2024	80.65	81.40	83.15	80.00	2.225 times
12 Fri Apr 2024	83.70	85.10	85.55	83.45	0.868 times
10 Wed Apr 2024	85.10	85.05	85.95	84.60	0.456 times
09 Tue Apr 2024	84.80	85.95	86.50	84.45	0.592 times
08 Mon Apr 2024	85.70	86.05	86.40	85.15	0.582 times
05 Fri Apr 2024	85.65	84.40	86.70	83.85	1.929 times
04 Thu Apr 2024	84.40	84.50	85.70	83.55	0.679 times
03 Wed Apr 2024	84.05	85.25	85.40	83.80	0.897 times
02 Tue Apr 2024	85.00	83.00	85.60	83.00	0.953 times

My analysis of stock is bearish for shortterm, and stock might move down till 77.8 or till 73.6. Use a stoploss of 81.28 and if the stock hits stoploss, then it can shoot up till 84.75

Share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Target	58.75
Downside Target	73.00
Downside Target	76.05
Downside Target	77.75
Downside Target	79.40
Upside Target	81.50
Upside Target	83.45
Upside Target	86.50
Upside Target	86.70
Upside Target	87.65
Upside Target	88.70
Upside Target	94.35

Intraday share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Intraday Target	78.88
Downside Intraday Target	77.27
Upside Intraday Target	82.63
Upside Intraday Target	84.77
Upside Intraday Target	81.02

Weekly technical analysis of Gmr Infrastructure (GMRINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	80.50	81.40	83.15	79.40	1.196 times
12 Fri Apr 2024	83.70	86.05	86.50	83.45	0.473 times
05 Fri Apr 2024	85.65	82.40	86.70	82.30	1.463 times
28 Thu Mar 2024	81.60	78.60	82.25	77.75	0.993 times
22 Fri Mar 2024	78.65	77.30	79.60	73.00	0.528 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Gmr Infrastructure (GMRINFRA)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	80.50	82.40	86.70	79.40	0.526 times
28 Thu Mar 2024	81.60	84.50	87.65	73.00	0.264 times
29 Thu Feb 2024	84.00	76.15	94.35	76.05	1.273 times
31 Wed Jan 2024	78.35	80.90	88.70	73.60	0.782 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gmr Infrastructure (GMRINFRA)

Price action analysis of Gmr Infrastructure ( (GMRINFRA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gmr Infrastructure ( (GMRINFRA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Gmr Infrastructure ( (GMRINFRA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Gmr Infrastructure stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Gmr Infrastructure in short term but the sell signal is initial and weak.

Gmr Infrastructure Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Gmr Infrastructure in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Gmr Infrastructure is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 83.6 and Gmr Infrastructure (GMRINFRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Gmr Infrastructure (GMRINFRA) stock. Volume based technical analysis of Gmr Infrastructure (GMRINFRA) stock is negative.

Gmr Infrastructure Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.