GMR Airports - Rising channel - 10% downside
!GMRAIRPORT I see it still moving within a well-defined rising channel. The recent correction from the ₹114–116 zone has brought the stock closer to the lower half of the channel, with ₹100–102 acting as the immediate support area. I would expect the stock to potentially move toward ₹92 if the current weakness continues; that level would also come close to the lower channel boundary and could offer a better risk-reward zone. A recovery above ₹108–110 would improve the near-term setup.
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