12-06-2021 02:33 PM | Source: LKP Securities Ltd
LKP Spade, Weekly Pick - Buy GMR Infrastructure Ltd For Target Rs.48 - LKP Securities
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* Stock has given a bullish flag breakout on daily & weekly chart which consider to be a bullish continuation pattern by nature.

* Good volume activity is witnessed during breakout.

* Momentum indicator MACD also showing positive crossover.

GMR Infrastructure Ltd BUY @ Rs. 42.60-43 Stop Loss Below Rs. 40.4 CB Target Rs. 48 Duration 1 Week

 

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