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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (August 21, 2023 – August 25, 2023)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 5.24%.

Technically, Gmr Infra share price will see immediate support at 51.77 and immediate resistance would be seen at 54.62.

If Gmr Infra share price closes below immediate support of 51.77, then sharp breakdown can be seen. Gmr Infra share price will see major support at 50.23 for the week.

On the positive side, immediate resistance will be seen at 54.62. Closing above 54.62, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 55.93 for the week.

Trading range for Gmr Infra share price for this week should be between 48.92 on down side and 57.47 on up side.

Gmr Infra Previous Week High: 54.4

Gmr Infra Previous Week Low: 51.55

Gmr Infra Previous Week Range: 2.85 Points

Gmr Infra share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 57.47
Resistance 2 55.93
Resistance 1 54.62
Support 1 51.77
Support 2 50.23
Support 3 48.92

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