GR Infraprojects for 30% rise

The stock has likely completed wave iv of larger Wave 1 (that began in March’23) on 29th Aug’24, as seen in the chart. It now should resume its alight as wave v that can take its price to a minimum of 2000+ levels (>30% from current levels of 1530).

Both RSI and volumes seem to be in alignment of this view. After the move and completion of Wave 1, the price may correct back to around 1500 levels.

This is not a trade recommendation. Please do your own due diligence.