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GMRINFRAMARKET OUTLOOKSTOCK OUTLOOK

Gmr Infra Outlook for the Week (October 30, 2023 – November 03, 2023)

Gmr Infra
Gmr Infra
Gmr Infra closed the previous week on a negative note losing 7.39%.

Technically, Gmr Infra share price will see immediate support at 52.52 and immediate resistance would be seen at 56.67.

If Gmr Infra share price closes below immediate support of 52.52, then sharp breakdown can be seen. Gmr Infra share price will see major support at 50.18 for the week.

62.0062.0061.0061.0060.0060.0059.0059.0058.0058.0057.0057.0056.0056.0055.0055.0054.0054.0053.0053.0052.0052.00Sep 13Sep 13Sep 18Sep 18Sep 22Sep 22Sep 27Sep 27Oct 3Oct 3Oct 6Oct 6Oct 11Oct 11Oct 16Oct 16Oct 19Oct 19Oct 25Oct 25Reversal Level 52.80BuySell

On the positive side, immediate resistance will be seen at 56.67. Closing above 56.67, Gmr Infra share price will see a sharp breakout. Major resistance for Gmr Infra share price will be seen at 58.48 for the week.

Trading range for Gmr Infra share price for this week should be between 48.37 on down side and 60.82 on up side.

Gmr Infra Previous Week High: 56.15

Gmr Infra Previous Week Low: 52

Gmr Infra Previous Week Range: 4.15 Points

Gmr Infra share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 60.82
Resistance 2 58.48
Resistance 1 56.67
Support 1 52.52
Support 2 50.18
Support 3 48.37
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