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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 2024-06-12 View latest technical analysis

10 day averaged volume of Gmr Infrastructure is 72123364

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	90.13	92.25	92.80	89.20	0.676 times
11 Tue Jun 2024	90.95	87.50	93.23	87.36	1.951 times
10 Mon Jun 2024	86.93	87.00	88.30	86.40	0.371 times
07 Fri Jun 2024	86.70	83.90	87.00	83.80	0.366 times
06 Thu Jun 2024	84.30	82.30	86.40	82.00	0.858 times
05 Wed Jun 2024	81.75	78.00	82.50	73.35	0.994 times
04 Tue Jun 2024	76.60	88.00	88.00	70.65	1.598 times
03 Mon Jun 2024	88.30	88.85	88.95	87.15	0.811 times
31 Fri May 2024	84.60	82.50	85.10	82.50	1.136 times
30 Thu May 2024	81.05	88.75	88.80	80.25	1.352 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89, but if it comes below 89, then a intra day sell could be more profitable.
If you take a sell trade below 89, then use 89 as stoploss and 85.81 as target. However if you take a buy trade in stock , then use 89 as stoploss and 92.9 as target.

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
Downside Target	83.90
Downside Target	86.40
Downside Target	89.75
Downside Target	89.85
Upside Target	92.40
Upside Target	93.23
Upside Target	94.35

Intraday share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Intraday Target	86.61
Downside Intraday Target	83.09
Upside Intraday Target	93.44
Upside Intraday Target	96.75
Downside Intraday Target	89.92

Weekly technical analysis of Gmr Infrastructure (GMRINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	90.13	87.00	93.23	86.40	0.648 times
07 Fri Jun 2024	86.70	88.85	88.95	70.65	1.023 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

Price has moved up 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
12 Wed Jun 2024	90.13	88.85	93.23	70.65	0.68 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 up 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Gmr Infrastructure ( (GMRINFRA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Gmr Infrastructure in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Gmr Infrastructure Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Gmr Infrastructure in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.61 and Gmr Infrastructure (GMRINFRA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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