Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Formed a good Rounding Bottom. Breakout is yet to happen. Need to wait and check whether it converts to cup and handle pattern before breakout. Target is mentioned in the chart.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain...
NSE:GENUSPAPER
potential to give 2X returns in coming months
gave breakout on weekly timeframe around 20 with good volume
was in sideways movement past few weeks
now looks like it has resumed its upward journey
cmp is 21
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All...
-Golden Cross: SMA 50 Crossing above SMA 200
- stock is in uptrend
-initial target 26+
-Stoploss below 50ma
--good chart for buying
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style,...
GENUSPAPER
Buy : 18.5
Target : 20.4
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
Fundamentals : Strong, significant growth on Sales, Profits and EPS YOY
Technicals : Corrected and consolidated from previous high, above trendline support, 20-50-200 MAs.
R 1: 20
R 2: 23
R 3: 26+
S : 14.5
GENUS PAPER showing signs of an up move.
Entry - 19.30 - 18.20
Target 1 - 20.05
Target 2 - 22.30
Target 3 - 25.60
SL - 15.75
Study the stock & Trade Responsibly.
Take caution & exit trades when your own risk: reward is achieved, don't wait for all targets to hit
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
Investment Pick !
CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
