HIGH CONVICTION PICK

PREMIUM RESEARCH

STOCK GMR POWER & URBAN § Here we are looking at the Weekly Chart of
GMR POWER & URBAN INFRA LTD
TICKER GMRP_UI
§ On the Weekly Chart , we can see that the
CALL BUY stock has formed an IPO Base Structure &
it is on the verge of a breakout.
CMP 45.90
§ The volumes during the stage 1
Entry Zone 44 to 47 consolidation are low which is the perfect
sign of wearing out the weak holders.
T1 65
§ The volumes have been picking up in the
T2 80 last few weeks & now the stock is ready to
explode above 47 levels.
SL 35
§ On the daily chart as well we can see that
VCP BREAKOUT / IPO the stock is forming a VCP structure
Pattern
BASE BREAKOUT

Disclaimer: The views expressed herein are of mine and are subject to change. We are NOT a SEBI REGISTERED
ADVISORY COMPANY. Please consult your financial advisor before making any decision.

CURIOUS INVESTOR X 7th DECEMBER 2023 +91-8779495357

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