Technical Report : GMRINFRA : LONGTERM

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K.Karthik Raja

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Apr 17, 2008, 6:53:41 AM4/17/08
to Kences1

GMR Infrastructure Limited CMP:155.
Segment: EQ
NSE Code: GMRINFRA
Paidup Value 2
Face Value: 2
Market Lot: 1
ISIN Code :INE776C01021
Listing Date:21-AUG-2006

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GMRINFRA may consolidating in a range of(130-160)levels in last few
trading sessions. The 14-day RSI is indicating the stock to be in the
‘oversold’ territory there by negating any significant sell-off in
near term.Investors are advised to accumulate the stock in the range
of 160-180 levels for an Midterm & Long-term Resistance
200/216/268/348.GMRINFRA has strong support @ 125- 130 levels.
--------------------------------------------------------------------------------
Previous trading movement.

High: 153.80 Low: 146.10
Open: 146.55 Value: 104.20 Cr.
Volume: 6928458 10-day Avg. Vol: 4070963
Circuit Filters For Next Day: No Circuit Filters
----------------------------------------------------------------------------------
STOCK PERFORMANCE
52-Week Range (Low - High) : 74.16 - 269.80
5.67% in 1 Week
-1.57% in 1 Month
72.13% in 1 Year

---------------------------------------------------------------------------------
Moving Averages for GMRINFRA

SMA-7: 143.37 SMA-13: 145.28 SMA-26: 145.44 SMA-50: 157.01
SMA-200: 181.52
EMA-12: 144.70 EMA-26: 148.60 EMA-50: 161.71 EMA-200: 285.75
MACD: -3.90

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Volume (last/ 5 day average): 6928000 / 4063000
- 5 day RSI: 71 - no indication.
- 14 day RSI: 51 - no indication.
- Williams % R(14): 64 (summation factor 100)
- Average Directional Index ADX: 21
----------------------------------------------------------------------------------
F&O check
F & O UPDATE As on 16th April 2008 Current month futures for GMRINFRA
closed at 150.40 (Rs. 0.35

PREMIUM) with a turnover of Rs. 215.54 Crores.Adds 353750
shares(2.20%) in open interest pushing

the open interest to 16468750 shares.
----------------------------------------------------------------------------------
Commentary For Trading/Invesment:
2 day swing: Buy with SL 139
5 day swing: Buy with SL 139
20 day swing: Buy above 158
Long Investment : Resistance around 200/216/268/348.
Alert Note :(This stock is not for short term & Speculators)
All long positions in the stocks should be protected with a stop loss
placed below mentioned levels on a closing basis.



Sukumar

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Apr 17, 2008, 7:32:55 AM4/17/08
to Kences1
GMRINFRA is a well built infra stock.It is strongly constructed with
the mix of market capitalisation,volume,earnings,recieved orders
etc;Those mentioned factors are keeping this stock towards positive
territory by both way in fundamental and technical.This stock is
consolidating from the previous fall to attain more prominent target
levels.This stock is competing with its peers by getting more
orders.In my point of view this stock is now playing its role to fill
the gap in previous fall.Slowly attainable of all targets what you
suggested in this report.So i hats off for this report.Very good.well
done.Keep do like this and expecting more from you.All the best,do the
best.

N.Sukumar

On Apr 17, 4:53 am, "K.Karthik Raja" <kenc...@gmail.com> wrote:
> GMR Infrastructure Limited  CMP:155.
> Segment: EQ
> NSE Code: GMRINFRA
> Paidup Value 2
> Face Value: 2
> Market Lot: 1
> ISIN Code :INE776C01021
> Listing Date:21-AUG-2006
>
> ---------------------------------------------------------------------------­-----
> GMRINFRA may consolidating in a range of(130-160)levels in last few
> trading sessions. The 14-day RSI is indicating the stock to be in the
> ‘oversold’ territory there by negating any significant sell-off in
> near term.Investors are advised to accumulate the stock in the range
> of 160-180 levels for an Midterm & Long-term Resistance
> 200/216/268/348.GMRINFRA has strong support @ 125- 130 levels.
> ---------------------------------------------------------------------------­-----
> Previous trading movement.
>
> High: 153.80 Low: 146.10
> Open: 146.55 Value: 104.20 Cr.
> Volume: 6928458 10-day Avg. Vol: 4070963
> Circuit Filters For Next Day: No Circuit Filters
> ---------------------------------------------------------------------------­-------
> STOCK PERFORMANCE
> 52-Week Range (Low - High) : 74.16 - 269.80
>   5.67% in 1 Week
>   -1.57% in 1 Month
>   72.13% in 1 Year
>
> ---------------------------------------------------------------------------­------
> Moving Averages for GMRINFRA
>
> SMA-7: 143.37   SMA-13: 145.28   SMA-26: 145.44   SMA-50: 157.01
> SMA-200: 181.52
> EMA-12: 144.70   EMA-26: 148.60   EMA-50: 161.71   EMA-200: 285.75
> MACD: -3.90
>
> ---------------------------------------------------------------------------­------
> Volume (last/ 5 day average): 6928000 / 4063000
> - 5 day RSI: 71 - no indication.
> - 14 day RSI: 51 - no indication.
> - Williams % R(14): 64 (summation factor 100)
> - Average Directional Index ADX: 21
> ---------------------------------------------------------------------------­-------
> F&O check
> F & O UPDATE As on 16th April 2008 Current month futures for GMRINFRA
> closed at 150.40 (Rs. 0.35
>
> PREMIUM) with a turnover of Rs. 215.54 Crores.Adds 353750
> shares(2.20%) in open interest pushing
>
> the open interest to 16468750 shares.
> ---------------------------------------------------------------------------­-------
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