Genus has fallen sharply and now it has found some support in the lower channel with a small move up..let us hope ( we can only play with PROBABILITIES) it moves up and if it does then the move shown can be achieved. Genus is a small cap so play it carefully, i would put my SL just below the 200 EMA...a safe place. This is an idea, not a recommendation.
Short trading price Genus Power 60 🎯 Target
Genus power on weekly scale looks good to grow more. Last swing low could be considered as stop-Loss
NSE:GENUSPOWER BSE:GENUSPOWER Kumo green support, S1 pivot support, ML of PF support and bullish divergence... All points to most probable bottom formtion, reversal is likely , the bullish macd divergence promotes the price failure principle of the pitchfork where in there should be reflection from the median line of the pitchfork... The resistance area is the...