"The company emerged as a successful bidder and has received a Letter of Intent from REC Power Development and Consultancy Limited dated for the establishment of the Transmission system for Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh‐Phase I
Good Support
Huge consolidation
Volume spike
Mutual fund have invested in good quantity.
Medium to long term.
Not making Lower Low now.
30 percent now and rest after comes out of consolidation for 100 percent gain.
AWSOME MOVE UP followed by consolidation. if next week it move up and close above 1320. then it has big space upside and sl is very low.
SL 1200
it has gud potential upside target. follow strick sl & proper risk reward ratio. this is the only holy grail in the market
Fundamentally and technically strong and having good financial up ahead.
May move 20% upside. Very good base formation and looks like may break the recent high.
Looks good after BO the falling wedge with a Bullish weekly candle.
weekly RSI above 65 which shows strength
Weekly closing exactly at the Gann level resistance which needs to be watched out for a new entry..
SL - 1277
A good entry would be above 1290 weekly closure
GRINFRA view
If sustain above 1250 Bullish
If sustain below 1075 Bearish
Please strictly follow risk reward and stop loss if u enter in the trade
Thanks,
V Trade Point
The stock has moved out of a long downward channel.
The green zone is a reversal zone and position can be built near it, with an SL below the zone.
SL below the zone.
a trend is still forming up. no clear uptrend seen yet
the company has been performing fairly well
A great swing opportunity looking in GRINFRA on the Bullish side. Had a good momentum candle breakout from its previous high, also made a retest and have created a Flag and Pole pattern, which is a good side for a bullish run.
Also, generated Buy signal our Noob indicator few candales back, which is again a positive side.
After a good listing this stock, holders are booking the profits regularly and now it looks like the bears are getting weak and the stock is at it lower support zone. This can be the best time to buy it for the long-term holding.
No doubt it is a better project.
