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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 2024-06-18 View latest technical analysis

10 day averaged volume of Gmr Infrastructure is 68912347

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	97.84	95.10	98.00	95.05	1.679 times
14 Fri Jun 2024	93.92	92.88	94.55	91.76	1.341 times
13 Thu Jun 2024	91.73	91.30	92.50	89.35	0.68 times
12 Wed Jun 2024	90.13	92.25	92.80	89.20	0.708 times
11 Tue Jun 2024	90.95	87.50	93.23	87.36	2.042 times
10 Mon Jun 2024	86.93	87.00	88.30	86.40	0.388 times
07 Fri Jun 2024	86.70	83.90	87.00	83.80	0.383 times
06 Thu Jun 2024	84.30	82.30	86.40	82.00	0.898 times
05 Wed Jun 2024	81.75	78.00	82.50	73.35	1.04 times
04 Tue Jun 2024	76.60	88.00	88.00	70.65	1.672 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 97.1, for a target of 91.7 or 87.24

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	92.40
Downside Target	94.35
Downside Target	94.55
Downside Target	95.05
Upside Target	98.00

Intraday share price targets for Gmr Infrastructure (GMRINFRA)

Target Type	Value
Downside Intraday Target	95.93
Downside Intraday Target	94.01
Upside Intraday Target	98.88
Upside Intraday Target	99.91
Downside Intraday Target	96.96

Weekly technical analysis of Gmr Infrastructure (GMRINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	97.84	95.10	98.00	95.05	0.326 times
14 Fri Jun 2024	93.92	87.00	94.55	86.40	1.066 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

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
18 Tue Jun 2024	97.84	88.85	98.00	70.65	0.995 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 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 BUY. Signal strength is Strong 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 moving up

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

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 88.44 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.