Stock analysis GMR Infrastructure Limited GMRINFRA
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Recent prices of GMRINFRA GMR Infrastructure Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 07 Tue May 2024 | 79.00 | 78.50 to 83.45 | -5.16% | 0.94 times |
| 06 Mon May 2024 | 83.30 | 81.70 to 85.95 | -2.69% | 0.52 times |
| 03 Fri May 2024 | 85.60 | 84.55 to 89.85 | -2.89% | 1.29 times |
| 02 Thu May 2024 | 88.15 | 83.50 to 88.80 | 3.52% | 1.5 times |
| 30 Tue Apr 2024 | 85.15 | 84.85 to 88.20 | -2.57% | 1 times |
| 29 Mon Apr 2024 | 87.40 | 86.90 to 91.90 | -3.69% | 1.5 times |
| 26 Fri Apr 2024 | 90.75 | 85.60 to 92.40 | 6.58% | 2.62 times |
| 25 Thu Apr 2024 | 85.15 | 82.15 to 85.50 | 3.27% | 0.64 times |
| 24 Wed Apr 2024 | 82.45 | 82.10 to 83.45 | 0.12% | 0.23 times |
| 23 Tue Apr 2024 | 82.35 | 80.65 to 83.00 | 1.6% | 0.41 times |
| 22 Mon Apr 2024 | 81.05 | 80.55 to 81.75 | 0.5% | 0.29 times |
| 19 Fri Apr 2024 | 80.65 | 78.25 to 81.25 | 0.81% | 0.37 times |
Technical analysis forecast for GMR Infrastructure Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT GMR Infrastructure Limited GMRINFRA at this time. Stock is falling and might fall more.
It appears as if GMR Infrastructure Limited GMRINFRA gave a large move recently.
Stock of GMR Infrastructure Limited (GMRINFRA) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of GMR Infrastructure Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if GMR Infrastructure Limited stays below 80.7, but if it comes above 80.7, then a intra day buy could be more profitable.
If you take a sell trade below 80.7, then use 80.7 as stoploss and 77.2 as target. However if you take a buy trade in GMR Infrastructure Limited, then use 80.7 as stoploss and 83.71 as target.