Warning-
as we can see that despite recent weakness, GMR Airports is now trading near lower support zones after a correction phase, which creates a mean reversion / bounce-back setup. The stock has corrected significantly, and such zones often attract short covering and value buying.
On the technical front, RSI is around 42–45 levels, indicating a neutral zone moving out of oversold territory, which suggests potential for upward bounce . Also, Stochastic RSI is already in oversold zone (~19), which strengthens the probability of a reversal move
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