it was creating a range . now its broken buying can be seen. Take help from my previous analysis to get the proper understanding and for target purpose.
Buying is the best option in this right now. so much support is taken by genus power. If it goes up the 110 is the target.
but if it falls put your SL tight to minimize the loss. Else 40-45% one can take as a profit. All the Best. I am just sharing my idea. Use your Analysis too.
GenusPower has been in a continuous uptrend and currently it has broken its All time high.
It has been in continues uptrend with decreasing Debt to Equity ratio...
Once can take long position and hold it for at least 3 months to get 20% to 40% returns.
Feel free to correct me..
This is For Educational Purpose...
Weekly chart.
cup and handle BO
entry arround 90 ( better on retest)
T1- 116
T2- 160
sl- below swing low daily or 2H ,as per ur risk appetite .
just for study purpose. do ur own analysis b4 investing.
GenusPower is Fundamentally Strong stock and is about to perform Multiyear Breakout.. Recently it formed a Cup and Handle formation. Buy at CMP and 120+ for sure in a short time
genus power cup & handle breakout
Target 135
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
This scrip was posted on 2 weeks ago and so far it given retufns of 30% returns . I hope our follower's had benefited from this post. Kindly like and share it with your friends and needy people. Thanks to all 🙏🙏🙏
This scrip is expected to give Trendline breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
The stock tested the breakout level after three and a half years but could not break it. But seems that is getting ready to take on it again!! Daily/Weekly/Monthly charts have completed the CUP formation and are onto the second leg i.e the handle formation. It seems worth keeping an eye on this stock, if it breaches the breakout level then this stock may see a new ATH.
📌 Levels are mentioned on chart for ❝Swing trading❞.
The stock has shown good volumes along with the Rounding Bottom BO .
📌 Genus Power Infrastructures Limited, an ISO 9001 & 14001 certified company is an integral part of the US $400 million Kailash Group. Genus has two business divisions offering highly innovative and sustainable solutions to the power...
