GTL infra Share fall

GTL infra Share fall: In last 3 days Gtl infra share price has fallen more than 20%, when will this stop.? Monday it fell with the humongous volume of around 600 million and on Tuesday though the volume was less stock couldn’t stop it from falling. Because the stock is hitting its lower circuit investors are really worried.

In this article, we will be discussing this same issue. when will this stop and start gaining again.? How much should you target and whether or not you should hold.?

Why GTL Infra share price falling.?

It gave more than 130% return in just one month and 370% in this year but why.? companies debt has increased only, no new development, no new orders or something. Then why did GTL infra rally 370% in a year with humongous volume.

Well, You all have heard about market manipulation, GTL Infra-like stocks are often victims or perpetrators of. If You look at the Bulk deals in this company you will find multiple firms pushing fake volume. Buying huge volume at the same rate and selling at the same price.

the second reason why GTL infra share price is falling is the Technical pattern. Though there was no specific news because of which it was zooming there was also no reason for it to fall. It was a technical pattern that showed that the stock has entered into an overbought zone and it can’t be sustained for long. The chart showed that the RSI crossed 92 points, which is overbought and signals an upcoming sell.

Third Reason, Anticipation and Fear. Doesn’t matter what company it is, it can’t sustain long only on a perceived good future. People became fearful when the stock rallied without any reason and it already has grown more than 130% in this month so the mood of the market suggested a sell call. People were eager to book their profits before it was all gone. Stock’s past movement suggested a sharp fall after growing so it was kinda known that it would fall. NSE also suggested it to be in ASM list that’s suggests the same.

What to DO Now.?

GTL infra share fall is hitting lower circuit daily so you can’t exit it now. So, what to do with it.? What is the future.? This can be analyzed in three parts.

1. if you’re making a hefty profit and are stuck: push your sell order daily and vigorously. Just don’t think about what its future will be just put the sell orders daily and hope that it gets completed.
2. If you aren’t making any profit and bought on Friday. If your amount isn’t that high compared to your portfolio then first of all don’t worry. It happens. But you too have to push your sell orders doesn’t matter what your loss is now but if you hold it your loss is gonna widen only.
3. If you want to invest in it just wait for now. don’t be in a hurry let it bottom out. And even then look at the current situation and learn that profit in this is easy but saving your capital once the stock starts falling is very hard.

Conclusion

Gtl Infra share price target 2024, 2030, 2040 suggest a huge upside in the coming months but the future is the future. You can’t put all your hard-earned money on the future when the present looks so bleak.

Everything suggested here is just a suggestion so you can understand the situation and decide on your own. But penny stocks and that too like GTL Infra which has huge debt and almost no orders in its order book have a tendency to manipulate retail investors. So think twice before investing in such companies.

Always look for better fundamentals when investing and searching for stocks. don’t just invest in rumors look at the financial situation, management performance, shareholding pattern, etc. Promoters are holding only 3.28% In this company that’s a red sign. LOok for these easy signs before investing in any stock.

Making a profit in the market is secondary, and saving capital is still the primary and most important goal.

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