2024-02-20 10:49:38 am | Source: Religare Broking Ltd
Stock of the day : GMRINFRA Ltd For Target Rs. 99 - Religare Broking
GMRINFRA Ltd
* GMRINFRA has been in a steady uptrend from past more than 4 months with gradual rise in volumes.
* It has formed a fresh buying pivot holding above its short term moving average i.e. 20 DEMA.
* Following price action and uptick in volumes suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
BUY GMRINFRA Ltd CMP 92.10; Range 92-93; SL 89; Target 99
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SEBI Registration number is INZ000174330
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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