📈 Stock Name - Genesys International Corporation Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 705.
🚨Disclaimer: This is not a Buy...
The stock has moved to a new high on very high volumes which looks promising of a sustained uptrend. The stock has proved its capacity to move significantly in the past.
NSE:GENESYS
CMP:
Reason for Trade : WEEKLY BO
Entry : Cmp or near Support
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the...
GENESYS is near BO and attempting BO this week again post the overall market shakeout.
Since its a large base BO, I have been tracking it and will see if it tightens up around this level to provide an entry which ideally should increase the odds of success.
Since I don't have this scrip in NSE 750 stocks I track for RS scores, won't be able to provide RS timeline for this.
#GENESYS is currently experiencing a fresh trend, with a remarkable 70% increase from its lows.
Holding a position from 507, it shares similarities with the traits observed in #WARDINMOBI and #OLECTRA.
In the case of #WARDINMOBI, strong buyer interest during low earnings and a news catalyst led to a 70% run from lows, establishing it as a solid momentum...
The Stock is Trying To Form Cup & Handle Pattern For Which It Will Have To Move Another 60%.
The Volume is also in its peak highest ever in past 20 years since its listing in NSE.
It has also broken resistance zone of 400 level and sustained above it .
the first resistance or Target you can say from here is 500 as you can see on chart also after that it will go...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
A stock thats taken support at the 200WEMA & 50MEMA multiple times.
There is a beautiful RSI triple divergence on the weekly chart.
The stock will breakout above the downward trendline.
Long above 335 with a SL below 310..
IF you have a longer horizon then below 280.. (With this deep a SL the allocation can't be more than 5% of capital to start with and then...
📉 Alert! Bullish Pattern Spotted! 🐻
📊 Pattern: Strong Support Zone
📌 Symbol/Asset: Genesys
🔍 Description: Bounce from strong support zone.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
#genesys international corporation
stock make high of apprx. 463.65 and jan close at 355.75.
stock trying to make cup pattern
rsi showing a strenght.
if stock is close above 400 for current week then there will be possibilities of movement of stock again.
make 50% position when stock broke 400 level and 50% position when stock close above 464 level on monthly...
dont know fundamental of any scrip.
only observing its movement on charts.
as long term only understanding it have high risk
so decission is once own.
so better confirm techno funda always
at once end.
![GENESYS: GENESYS Near BO [Weekly]](https://s3.tradingview.com/p/pZvsx6qe_mid.png "GENESYS Near BO [Weekly]")
