GIC RE CMP 235 Has Given A Good Momentum Breakout And Continued It's Upmove. The Base Has Been Setting Well And The Past Resistance Zones Are Been Taken Off With Sustainable Continuous Candles. Expecting A 40% Move Here In Next 12 Months Max For Targets Of 315-330.
Does It Need Any Explanation? Crossover Of The Horizontal Line Explains The Most Of It. New Targets Of 1380-1430 Approaching.
CNXPSE or NIFTY PSE - Public Sector Enterprise All of you might be noticing that loads of public sector entities are touching new 52 week highs and even new lifetime highs and commanding a strong uptrend. Rightly so as the wait of around 16 years is worth a really SWEET FRUIT. I was myself never a fan of PSU stocks untill I noticed the changes and strength in this...
Gave a strong breakout after 5+ years (>444) supported with volumes and taking a breather for now before it take another leap. A self explanatory textbook breakout.
Punjab Chem & Crop CMP 870 Retested it's previous base of 725-750 and took a good reversal supported with volumes. This may initially approach for 1250-1450 levels from here and same shall be reviewed again around those zones.
Genus power has been setting up a solid setup wherein the stock has given breakout in April 2022 after almost 14 years and since then consolidated for over 1 year to form base. Now at cmp this has started getting fuel to run further. Targets of 145-160 are unfolding in it.