Genus Power says total order book position at ₹1,163 cr as of December 31. order book to be executed over 9-12 months
NSE:GENUSPOWER is moving in 2 patterns: A parallel channel and an expanding channel pattern, with the latter being the bigger pattern. Price did breakout out from the channel 2 times but witnessed big selling pressure, leading to formation of the expanding channel pattern. C.M.P is running near the trendline support and the resistance of the parallel...
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.
head and shoulder forming educaion purpose only NSE:GENUSPOWER
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...