Hold GMR Infra for target of Rs 69: Equityrush

In a chat with ET Now, Kunal Saraogi, technical analyst, Equityrush, talks about the outlook of GMR Infra.

What is your call on GMR Infra?

GMR Infra was a buy yesterday. The stock can be held on to if somebody bought yesterday. The first resistance is at Rs 63. This level is going to be critical if GMR can break through Rs 63, I see targets close to Rs 68-69. The stock is definitely a hold but probably not a buy. If you have already invested you could look at targets of close to Rs 69 on the stock.