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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 2024-06-05 View latest technical analysis

10 day averaged volume of Gmr Infrastructure is 62626292

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	81.75	78.00	82.50	73.35	1.145 times
04 Tue Jun 2024	76.60	88.00	88.00	70.65	1.84 times
03 Mon Jun 2024	88.30	88.85	88.95	87.15	0.933 times
31 Fri May 2024	84.60	82.50	85.10	82.50	1.308 times
30 Thu May 2024	81.05	88.75	88.80	80.25	1.557 times
29 Wed May 2024	87.00	87.50	87.90	86.35	0.65 times
28 Tue May 2024	87.50	88.70	89.10	86.55	0.657 times
27 Mon May 2024	88.20	88.35	89.75	87.05	1.035 times
24 Fri May 2024	86.95	87.00	88.15	85.65	0.557 times
23 Thu May 2024	87.20	87.90	88.20	86.45	0.664 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 81 as stoploss in an intra day buy trade for a target of 84.27. However, stock will show a bearish move below 81.

Share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Target	70.65
Downside Target	73.00
Downside Target	76.05
Downside Target	77.60
Downside Target	80.25
Upside Target	83.90
Upside Target	85.95
Upside Target	88.95
Upside Target	89.75
Upside Target	89.85
Upside Target	92.40
Upside Target	94.35

Intraday share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Intraday Target	71.95
Downside Intraday Target	62.15
Upside Intraday Target	90.25
Upside Intraday Target	98.75
Downside Intraday Target	80.45

Weekly technical analysis of Gmr Infrastructure (GMRINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	81.75	88.85	88.95	70.65	0.752 times
31 Fri May 2024	84.60	88.35	89.75	80.25	2.246 times
24 Fri May 2024	86.95	86.20	88.20	83.90	1.898 times
18 Sat May 2024	86.00	80.30	86.90	78.65	0.58 times
10 Fri May 2024	80.10	85.95	85.95	77.60	0.54 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
05 Wed Jun 2024	81.75	88.85	88.95	70.65	0.303 times
31 Fri May 2024	84.60	85.75	89.85	77.60	1.526 times
30 Tue Apr 2024	85.15	82.40	92.40	78.25	1.47 times
28 Thu Mar 2024	81.60	84.50	87.65	73.00	0.264 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Gmr Infrastructure ( (GMRINFRA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Gmr Infrastructure Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Gmr Infrastructure in short term but BUY signal is weak.

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 83.65 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.