Genesys Trying to breakout from ConsolidationStock: Genesys Intl Corp Ltd (GENESYS)
Entry: ₹1,055.35 (after a closing above this level for confirmation)
Stop Loss: ₹919.70 (on a closing basis)
Target: ₹1,230.85
Setup Overview:
Pattern: Trying to Breakout from a consolidation zone.
Volume: Moderate, confirming a breakout attempt, but needs more conviction.
Key Levels:
Entry after a confirmed close above ₹1,055.35 for safe traders.
Target: ₹1,230.85
Risk Considerations:
Trading against the broader trend; breakout setups in such cases have a higher failure probability.
Manage risk with appropriate position sizing.
Trade light to mitigate potential losses.
