Arihant Capital Market is bullish on GMR Infra and has advised traders to buy the stock with stoploss of Rs 165. "On the daily charts, GMR Infra is in buy on RSI and its 14-days RSI is currently at 71 (above 50 is consider to be in strong hands). GMR Infra is looking strong on daily chart and has formed a Trend Reversal Pattern on EOD chart. One can buy it at Rs 178 with closing below stoploss of Rs 165 for a target price of Rs 210," said Arihant Capital Market report.
(Source : ET)
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